Brigade Enterprises Ltd Committee Approves Allotment of Shares Under Employee Stock Option Plan
The Nomination and Remuneration Committee of Brigade Enterprises Limited conducted a meeting on Wednesday, May 06, 2026, and approved the allotment of equity shares under the Brigade Employee Stock Option Plan.During the meeting, the Committee considered and approved the allotment of 28,321 equity shares, which falls under the Employee Stock Option Plan that was rolled out in 2022.
This allotment resulted in an increase in the paid-up share capital of the Company.
According to the Committee's decision, the paid-up share capital saw the following change:
| Capital Metric | Previous Capital | New Capital |
|---|---|---|
| Paid-up Share Capital | Rs. 2,44,59,34,640/- | Rs. 2,44,62,17,850/- |
The approval of this share allotment by the Committee marks the corporate action related to the ongoing Employee Stock Option Plan, thereby enhancing the Company's paid-up share capital.
BRIGADE Stock Price Movement
Shares of Brigade Enterprises Limited are edging higher to ₹806.2 as of 11:45 AM, rallying 1.82% in live market trading. The stock’s upward momentum is supported by brisk institutional interest, with the equity recording a total traded volume of 128,704 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.
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