Aether Industries Limited Allots 29,075 Equity Shares Under ESOS 2021
Aether Industries Limited announced the approval and allotment of Equity Shares under its Employee Stock Option Scheme 2021 (AIL ESOS 2021). The company confirmed that the Nomination and Remuneration Committee approved the issuance of 29,075 Equity Shares to eligible employees upon the exercise of options.The shares have a face value of Rs. 10 each, with the options being exercised at a price of Rs. 885 per share. The allotment of these shares contributes to the overall capital structure of Aether Industries Limited.
For the AIL ESOS 2021, the company had previously obtained in-principle approval for a pool of 11,00,000 Equity Shares. All issued shares are structured to rank pari-passu with the company's existing Equity Shares.
The issuance updates the company's total share capital. Following this allotment, the company’s share capital stands at Rs. 1,32,70,88,990, comprising 13,27,08,899 Equity Shares of Rs. 10 each.
Key financial details regarding the share issuance and company capital structure are summarized below:
| Metric | Detail | Value |
|---|---|---|
| Scheme Title | Aether Industries Limited Employee Stock Option Scheme 2021 (AIL ESOS 2021) | N/A |
| Shares Allotted | Number of Equity Shares | 29,075 |
| Face Value per Share | Par Value | Rs. 10 |
| Exercise Price per Share | Option Price | Rs. 885 |
| Premium per Share | Premium | Rs. 875 |
| Total Issued Shares After Issue | Equity Shares | 13,27,08,899 |
| Total Share Capital After Issue | Share Capital | Rs. 1,32,70,88,990 |
| Lock-in Period | Lock-in Status | No lock-in period |
AETHER Stock Price Movement
Aether Industries Limited shares today slipped by 1.70% to settle at ₹1095.9. The stock saw significant activity during the session, trading a total volume of 215,246 shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.