V.S.T Tillers Tractors Limited has informed the Exchange about Allotment of ESOP (RSU)
VSTTILLERS · price
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V.S.T Tillers Tractors has allotted 9,396 equity shares to eligible employees who exercised their vested options under the company's Restricted Stock Unit Plan 2024. The shares have a face value of ₹10 each and were issued at an exercise price of ₹10 (no premium). As a result, the company's total issued share count has gone up from 86,43,358 to 86,52,754 shares, and the paid-up share capital has increased from ₹8,64,33,580 to ₹8,65,27,540. The newly allotted shares will rank equally (pari-passu) with the existing shares, and there is no lock-in period. The allotment date was March 29, 2026.
This is a routine, small-scale employee stock allotment (less than 0.11% dilution) and is unlikely to have any meaningful impact on the stock price or existing shareholders. It reflects the company rewarding its employees through its RSU plan.