Vaibhav Global Limited has informed the Exchange regarding allotment of 102294 securities pursuant to ESOP/ESPS at its meeting held on May 21, 2025
VAIBHAVGBL · price
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Vaibhav Global Limited has allotted 1,02,294 equity shares of Rs. 2 each to the Vaibhav Global Employee Stock Option Welfare Trust under its employee benefit schemes. The allotment was done at a board meeting held on May 21, 2025. As a result, the company's paid-up equity share capital has increased to Rs. 33,27,68,722, consisting of 16,63,84,361 equity shares of Rs. 2 each. The shares were allotted at face value as part of employee stock option plans.
This is a routine ESOP allotment causing minor dilution of existing shareholders' equity. The impact on share price is typically negligible as it is part of the company's regular employee compensation program.