<h1>Moschip Technologies Ltd Allots Over 242,000 Equity Shares Through ESOP Exercise</h1>
Moschip Technologies Ltd has approved the allotment of a substantial number of equity shares following the exercise of Stock Option Plans by eligible employees. The move comes as part of the company's various Employee Stock Option Schemes.
The allotment was sanctioned by the Nomination and Remuneration Committee of the Board of Directors on July 15, 2026. This decision allows for the issuance of 2,42,636 equity shares to employees who exercised their options vested under the MosChip Stock Option Schemes. The face value of each allotted share is Rs 02/-.
The newly issued shares will rank pari-passu with all existing equity shares of the Company. Consequently, the total number of equity shares in the company increased from 19,44,69,710 to 19,47,12,346 shares after the allotment.
The transaction generated significant funds for the company. The money realized by the exercise of options amounted to Rs 1,25,36,976 (excluding tax). Furthermore, the diluted earnings per share for the year ended March 31, 2026, is reported at Rs 1.75 per share.
Key financial and operational details regarding the Employee Stock Option Scheme are summarized below:
| Particulars | Details |
|---|---|
| Shares Exercised (Total) | 2,42,636 equity shares of face value Rs 2/- each |
| Money Realized by Exercise | Rs 1,25,36,976 (excluding tax) |
| Diluted Earnings Per Share | Rs 1.75 per share (for year ended March 31, 2026) |
| Post-Allotment Shares | Total equity shares increased to 19,47,12,346 |
The company confirmed that the equity shares arising from the exercise of these options will hold pari-passu status with all other equity shares and are not subject to any lock-in restriction unless required by applicable laws.
MOSCHIP Stock Price Movement
Moschip Technologies Limited shares edged higher today, settling at ₹247.98 after gaining 3.06%. The stock traded over 11.59 million shares, closing within an intraday range that stretched from a low of ₹241.5 to a high of ₹251.5.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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