Himadri Speciality Chemical Ltd Allots Equity Shares Under Employee Stock Option Plan 2016
Himadri Speciality Chemical Ltd has completed the allotment of equity shares to eligible employees under the "Himadri Employee Stock Option Plan 2016." This transaction, which occurred on July 06, 2026, resulted in an increase in the company's issued and paid-up capital.The Nomination and Remuneration Committee of the company approved the allotment of equity shares to employees upon the exercise of options from this plan. The details regarding the specific grant are as follows:
| Grant | Number of Shares Allotted | Price Per Share (Par) | Total Issue Price Including Premium Per Share |
|---|---|---|---|
| Grant -II | 19,000 | Re. 1 | Rs. 140 |
| Total | 19,000 |
Following this allotment, the issued and paid-up capital of Himadri Speciality Chemical Ltd has been increased to Rs. 50,45,60,599. This capital now consists of a total of 50,45,60,599 equity shares, each with a par value of Re. 1.
The issuance of these shares brings the company’s total issued shares after this event to 50,45,60,599, matching the total issued share capital amount.
HSCL Stock Price Movement
Today, Himadri Speciality Chemical Limited stock edged higher, closing at ₹684.15 after gaining 0.61% in post-market trading. The shares traded within a tight intraday band, moving between a low of ₹673 and a high of ₹693.9.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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