Zaggle Prepaid Ocean Services Limited has informed the Exchange regarding allotment of 30277 securities pursuant to ESOP/ESPS at its meeting held on May 12, 2025
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Zaggle Prepaid Ocean Services has allotted 30,277 equity shares to eligible employees under its Employee Stock Option Scheme 2022, following a board meeting on May 12, 2025. The shares have a face value of INR 1 each and were issued at an exercise price of INR 233 per share (INR 232 premium). With this allotment, the total issued and paid-up share count has gone up from 13,42,05,215 to 13,42,35,492 equity shares. The new shares will rank equally with existing shares and carry no lock-in restrictions. The company has already received in-principle approval from NSE and BSE for the scheme.
This is a routine, small-scale ESOP allotment — 30,277 shares represent only about 0.002% of the total share base, so there is negligible dilution for existing shareholders and minimal impact on the stock price.