Vishal Mega Mart Limited has informed the Exchange regarding Allotment of 115000 Shares.
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Vishal Mega Mart has allotted 1,15,000 equity shares to eligible employees who exercised their stock options under the company's ESOP Plan 2019. The shares were issued at two exercise prices: 16,500 shares at Rs. 18.07 per share and 98,500 shares at Rs. 65 per share, generating Rs. 67,00,655 (approximately Rs. 67 lakh) for the company. As a result, the total paid-up equity share capital rose from Rs. 46,73,00,28,060 to Rs. 46,73,11,78,060, and the total share count increased from 4,67,30,02,806 to 4,67,31,17,806 equity shares. The newly issued shares carry face value of Rs. 10 each and rank equally with existing shares in all respects, including dividend entitlement.
This is a routine ESOP-related allotment with negligible dilution (roughly 0.0025% increase in total share count). No material impact on shareholders or stock price is expected.