Aeroflex Enterprises Allots 79,200 Equity Shares Under Employee Stock Option Plan
Aeroflex Enterprises Limited announced the approval of the allotment of 79,200 equity shares under the 'SAT Industries Limited Employee Stock Option Plan 2024' (ESOP Scheme). This decision was made by the company's Board of Directors following a meeting held on June 26, 2026, and was based on the recommendation of the Nomination Remuneration and Compensation Committee.The allotment pertains to eligible employees who exercised stock options granted under the ESOP Scheme. The Equity Shares are confirmed to rank pari-passu with the existing equity shares of Aeroflex Enterprises Limited in all respects.
Capital Structure Update
The allotment results in a notable increase in the paid-up share capital of the company. As per the details provided, the structure before and after the transaction is as follows:| Particulars | Number of Equity Shares (Face Value Rs. 2 each) | Paid Up Share Capital Amount (in Rupees) |
|---|---|---|
| Existing (Pre Allotment) | 11,30,85,000 | 22,61,70,000 |
| Add: Allotment of Equity Shares | 79,200 | 1,58,400 |
| Post Allotment | 11,31,64,200 | 22,63,28,400 |
Transaction and Financial Details
The ESOP Scheme dictates that the exercise price for these options was Rs. 42.50 per share. The total money realized by the exercise of these options amounts to Rs. 33,66,000/- (Rupees Thirty-Three Lakhs Sixty-six Thousand only).Key details related to the ESOP include:
- Shares Allotted: 79,200 equity shares
- Options Vested: 79,200 equity shares of face value Rs. 2/- each
- Time Limit: All vested Options are exercisable within a maximum period of three years from the date of vesting.
- Diluted Earnings Per Share: The diluted earnings per share resulting from this issue is reported at Rs 0.97 (Standalone Basis).
The allotment of these shares signifies an increase in the total issued shares to 11,31,64,200 equity shares, with a corresponding increase in total issued share capital to Rs 22,63,28,400/- (Rupees Twenty- two Crores Sixty-three Lakhs Twenty-eight thousand four hundred only).
AEROENTER Stock Price Movement
Aeroflex Enterprises Limited shares gained strongly on Thursday, closing at ₹137.90 after rising by 2.80% from the prior session's close. The stock saw considerable activity as it traded a total volume of 1.79 million shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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