Vedant Fashions Limited has informed the Exchange about the allotment of ESOP vide the enclosed letter.
MANYAVAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vedant Fashions Limited, known for brands like Manyavar, has allotted 4,142 equity shares of ₹1 face value each to eligible employees who exercised their stock options under the VFL Employee Stock Option Scheme 2018. The paid-up share capital increased marginally from ₹24,29,73,103 to ₹24,29,77,245. The new shares rank equally with existing equity shares. This is a routine disclosure under SEBI listing regulations, with the allotment approved by the Nomination & Remuneration Committee on May 20, 2026.
The dilution to existing shareholders is negligible at just 0.0017%. This is a routine corporate action with no material impact on the stock. However, it does indicate the company is continuing to use employee stock options as part of compensation.