Eureka Forbes Allots 15,000 Equity Shares Under Stock Option Plan 2022; Paid-up Capital Reaches Rs. 1,93,50,68,160
Eureka Forbes Limited has completed the allotment of equity shares to grantees who exercised options under the 'Eureka Forbes - Stock Option Plan 2022' (ESOP 2022). The company allotted 15,000 Equity Shares, each with a face value of Rs. 10/- on June 16, 2026.This allotment signifies an increase in the paid-up capital of the company. Prior to this issue, the paid up capital stood at Rs. 1,93,49,18,160, corresponding to 19,34,91,816 equity shares of face value Rs. 10/- each. Following the issuance, the company's total paid-up capital has increased to Rs. 1,93,50,68,160, which is divided into 19,35,06,816 equity shares of face value Rs. 10/- each.
The allotment details include the following financial metrics:
| Metric | Detail |
|---|---|
| Plan Name | Eureka Forbes - Stock Option Plan 2022 |
| Shares Allotted | 15,000 |
| Face Value per Share | Rs. 10/- |
| Total Issued Shares (Post-allotment) | 19,35,06,816 |
| Total Issued Capital (Post-allotment) | Rs. 1,93,50,68,160 |
| Exercise Price per Share | Rs. 210 |
| Premium per Share | Rs. 200 |
The newly issued shares are rank pari passu to the existing shares and do not have any lock in imposed on them.
EUREKAFORB Stock Price Movement
Shares of Eureka Forbes Limited closed slightly lower today, shedding 0.03% from previous trading to settle at ₹457.15. The stock traded within an intraday range between a low of ₹448.25 and a high of ₹462, with a total volume of 129,296 shares recorded.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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