Kalpataru Completes Stock Option Allotment, Increases Paid-up Equity Capital
Kalpataru Limited has finalized the allotment of new equity shares pursuant to its Employee Stock Option Scheme 2024. The Company confirmed that the Nomination and Remuneration Committee approved the issuance of 8,100 equity shares of ₹10 each, which were allotted to option holders upon the exercise of their stock options.The share allocation resulted in an increase in the paid-up Equity Share Capital of Kalpataru Limited. Prior to the allotment, the capital stood at ₹2,059,139,930, representing 20,59,13,993 equity shares of ₹10 each.
Following the exercise of options and subsequent allotment, the paid-up Equity Share Capital rose to ₹2,059,220,930. This increase corresponds to a total of 20,59,22,093 equity shares of ₹10 each.
Key details regarding the capital structure update are summarized below:
| Metric | Previous Status | Current Status (Post Allotment) |
|---|---|---|
| Equity Share Capital | ₹2,059,139,930 | ₹2,059,220,930 |
| Number of Shares | 20,59,13,993 | 20,59,22,093 |
| Face Value per Share | ₹10/- each | ₹10/- each |
The new equity shares issued in connection with the stock option scheme are stated to rank pari-passu with all existing equity shares of the Company in all respects.
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