Intimation for allotment of 8087 Equity Shares pursuant to exercise of stock options under WABAG Centenary Stock Option Scheme 2023
WABAG · price
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VA Tech Wabag has allotted 8,087 equity shares (face value INR 2 each) to eligible employees who exercised their stock options under the WABAG Centenary Stock Option Scheme 2023. The exercise price was INR 513 per share, implying a premium of INR 511 per share. Following this allotment, the company's total paid-up equity share capital has risen to INR 12,46,19,190, comprising 6,23,09,595 shares, up from 6,23,01,508 shares earlier. The new shares rank pari passu with existing equity shares, and no lock-in period applies. The allotment was approved by the Board via circular resolution dated March 18, 2026.
This is a routine ESOP allotment resulting in negligible dilution (less than 0.002% increase in share count) and is unlikely to have any material impact on the stock price or existing shareholders.