Zaggle Prepaid Ocean Services Limited has informed the Exchange regarding allotment of 6478 securities pursuant to ESOP/ESPS at its meeting held on February 12, 2026
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Zaggle Prepaid Ocean Services Limited allotted 6,478 equity shares to eligible employees on February 12, 2026, upon exercise of vested options under the Zaggle Employee Stock Option Scheme 2022. Each share has a face value of Re. 1 and was issued at an exercise price of Rs. 164 (a premium of Rs. 163 over face value). Following this allotment, the company's total issued and paid-up equity share capital increased from 13,44,51,967 shares to 13,44,58,445 shares. The newly issued shares will rank equally with existing equity shares. The Board approved this at a meeting that ran from 2:30 PM to 3:45 PM IST.
This is a routine ESOP allotment resulting in negligible dilution (about 0.0005% increase in share count) and is unlikely to have any material impact on existing shareholders or the stock price.