Bondada Engineering Ltd Allots 78,000 Shares to Employees Under ESOP Plan
Bondada Engineering Limited announced the allotment of 78,000 fully paid-up equity shares to its employees. The shares were allotted pursuant to the exercise of options granted under the 'BELEmployees Stock Option Plan 2024' (ESOP 2024).The allotment of the 78,000 equity shares, each having a face value of Rs. 2/-, occurred during the Board of Directors' meeting held on April 17, 2026.
The shares allotted under the ESOP 2024 are set to rank pari-passu, in all respects, with the existing Equity Shares of the Company.
Capital Structure Update
Following the allotment of the shares, the total issued, subscribed, and paid-up equity share capital of Bondada Engineering Limited increased.Prior to this allotment, the company's capital stood at INR 22,31,86,970, consisting of 11,15,93,485 equity shares. Post-allotment, the capital increased to INR 22,33,42,970, comprising a total of 11,16,71,485 equity shares, all with a face value of INR 2/- each.
The Board of Directors meeting regarding the transaction commenced at 06:00 PM and concluded at 7:00 PM.
Stock Price Movement
Bondada Engineering Ltd settled at ₹359.85 today, posting a solid gain of 3.09% at the market's close. Throughout the day, shares explored a range beginning at ₹349.05 and peaking at ₹363.95.Source:
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