Allied Digital Services Limited Allots 54,400 Equity Shares Under ESOP 2020 Plan
Allied Digital Services Limited announced the allotment of 54,400 Equity Shares under the ADSL Employee Stock Option Plan 2020 (ESOP 2020). The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors via a Circular Resolution passed on April 06, 2026.The equity shares allotted through the scheme are stated to rank pari-passu with the existing equity shares of the Company in all respects. This transaction resulted in an increase in the paid-up Equity Share Capital of the Company.
The change in the paid-up Equity Share Capital is detailed as follows:
| From | To |
|---|---|
| 5,65,14,128 Equity Shares of Rs. 5/- each aggregating to Rs. 28,25,70,640/- (Rupees Twenty-Eight Crore Twenty-Five Lakh Seventy Thousand Six Hundred and Forty Only) | 5,65,68,528 Equity Shares of Rs. 5/- each aggregating to Rs. 28,28,42,640/- (Rupees Twenty-Eight Crore Twenty-Eight Lakh Forty-Two Thousand Six Hundred Forty Only) |
The details pertaining to the ESOP 2020 Scheme are also recorded, confirming that the Company's registered office is located at 808, 8th Floor, Plot No. 221/222, Mafatlal Centre, Vidhan Bhavan Marg, Nariman Point, Mumbai-400021. The shares are listed on BSE Limited and the National Stock Exchange of India Limited (NSE).
The allotment details for the ADSL- Employee Stock Option Plan 2020 include:
| Particulars | Details |
|---|---|
| Kind of security to be listed | Equity Shares |
| Par value of the shares | Rs. 5/- (Rupees Five Only) |
| Date of issue of shares | April 06, 2026 |
| Number of shares issued | 54,400 (Fifty-Four Thousand Four Hundred only) |
The total issued share capital after this issue stands at Rs.28,28,42,640/- (Rupees Twenty-Eight Crore Twenty-Eight Lakh Forty-Two Thousand Six Hundred Forty Only), reflecting 5,65,68,528 Equity Shares.
ADSL Stock Price Movement
At the close of trade, Allied Digital Services Limited is rallying by 4.35% to trade at ₹103.35. The stock moved through the day's session, finding support near ₹97.15 while posting a high of ₹103.97 on a volume of nearly 250,000 shares.Source:
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.