Intimation under Regulation 30 of SEBI LODR for allotment of equity shares of the company pursuant to exercise of option under ZLL ESOP 2010 - Amended 2015
ZEELEARN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zee Learn Ltd has allotted 6,69,286 equity shares of ₹1 each to eligible employees who exercised their vested options under the ZLL ESOP 2010 – Amended 2015 scheme. The exercise price was ₹1 per share. Following this allotment, the company's paid-up equity share capital increased from ₹32,70,62,005 to ₹32,77,31,291. The new shares rank pari-passu with existing equity shares and are not subject to any lock-in. This is a routine ESOP exercise disclosure made under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine corporate action resulting in modest dilution of approximately 0.2% for existing shareholders. The extremely low exercise price of ₹1 indicates these are ESOP options granted earlier. There is no direct impact on the stock price from this filing, though shareholders should note the gradual increase in share count from employee stock option exercises.