Please find enclosed the Intimation for allotment of equity shares in lieu of exercise of Employee Stock Options granted to eligible employees of the Company in terms of "Vikram Solar Employee ....
VIKRAMSOLR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vikram Solar Ltd has allotted 24,200 equity shares to eligible employees who exercised their vested stock options under the company's ESOP 2021 scheme. The shares were issued at Rs. 91.50 per share (including Rs. 81.50 premium), with the allotment date being May 29, 2026. Following this allotment, the company's paid-up equity share capital increased marginally from Rs. 362.33 crore to Rs. 362.35 crore. The newly allotted shares will rank pari passu with existing shares and carry no lock-in restrictions. This represents a minimal dilution of less than 0.01% to existing shareholders.
Minor shareholder dilution with negligible impact on stock price. The small volume of shares (24,200 out of 362 million total) and no lock-in restrictions mean these shares are immediately eligible for trading, though the impact on the secondary market is immaterial.