Mcon Rasayan India Limited Allots Shares Under Employee Stock Option Scheme
Mcon Rasayan India Limited announced the allotment of equity shares following a board meeting held on March 30, 2026. The meeting, which commenced at 12:00 p.m. and concluded at 4:30 p.m., addressed matters related to the company’s share-based employee benefits.The company allotted 6,298 equity shares with a face value of ₹ 10 per share. The exercise price per share is ₹ 12.6. The shares were allotted with a premium of ₹ 2.6 per equity share. The share certificates bear distinct numbers from 73,29,091 to 73,35,388 and have an ISIN number of INE0O4M01019.
Following this allotment, the total issued shares of Mcon Rasayan India Limited stands at 73,35,388, with a total issued share capital of ₹ 7,33,53,880. The shares are subject to a one-year lock-in period expiring on March 30, 2027. The shares are identical to the company’s existing equity shares.
The allotment is pursuant to the Mcon Rasayan India Limited Employee Stock Option Scheme 2023. The company had received an in-principle approval for the scheme from the National Stock Exchange of India Limited on December 26, 2023, with reference number NSE/LIST/38964.
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