Zodiac Energy Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 27, 2025.
ZODIAC · price
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Zodiac Energy Limited's Board, at its meeting on June 27, 2025, approved the allotment of 27,550 equity shares of face value ₹10 each to employees who exercised stock options under the Zodiac Energy Limited Employee Stock Option Plan – 2023. The shares were issued at the exercise price of ₹10 (no premium). Following this allotment, the company's paid-up equity share capital rose from ₹15.09 crore (1.50 crore shares) to ₹15.12 crore (1.51 crore shares), representing a minor dilution of about 0.18% in the total share count. The newly allotted shares are identical to existing equity shares and are not subject to any lock-in period.
This is a routine ESOP allotment with negligible dilution (~0.18%) and is unlikely to have any meaningful impact on the stock price. Shareholders should note a marginal increase in the total share count, but fundamentals remain unaffected.