Vardhman Textiles Limited has informed the Exchange regarding allotment of 44500 securities pursuant to ESOP/ESPS at its meeting held on March 05, 2026.
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Vardhman Textiles Limited has allotted 44,500 equity shares of face value Rs. 2 each to eligible employees who exercised their stock options under the company's Employee Stock Option Plan 2024. The allotment was approved at a meeting of the Committee of Directors (ESOP Plan 2024) held on March 5, 2026, which ran from 11:00 a.m. to 11:30 a.m. The newly issued shares will rank equally with the existing equity shares of the company in all respects. This is a routine disclosure regarding employee stock option exercises.
The allotment of 44,500 shares is a very small issuance relative to the company's overall share capital, so the dilutive impact on existing shareholders is minimal. This is a routine corporate action that signals normal employee compensation activity and is unlikely to affect the stock price.