Welspun Corp Limited has informed the Exchange regarding 'Allotment of Equity Shares pursuant to exercise of Stock Options under the Company s Employee Stock Option Scheme'.
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Welspun Corp Limited has allotted 3,85,000 equity shares of Rs. 5 each on August 13, 2025, following the exercise of stock options by employees under the company's Employee Stock Option Plan 2005. The newly issued shares will rank equally with existing equity shares. As a result, the company's paid-up equity share capital has risen from Rs. 131.61 crore (26,32,21,895 shares) to Rs. 131.80 crore (26,36,06,895 shares).
This is a routine ESOP allotment with a small dilution of about 0.15% in the share count. It is unlikely to have any meaningful impact on the stock price, though it reflects employee participation in the company's long-term incentive plan.