Navin Fluorine International Allots 5,200 Equity Shares Under Employee Stock Option Scheme
Navin Fluorine International Ltd. reported the allotment of 5,200 equity shares to eligible employees on May 19, 2026, under its Employees' Stock Option Scheme 2017.The Nomination and Remuneration Committee oversaw the allotment, which occurred upon employees exercising their respective stock options. These newly allotted shares are to rank pari-passu with all existing equity shares of the company.
The allotment of these shares resulted in an increase in the company's paid-up share capital. The paid-up share capital now stands at ₹10,25,74,258/-. This capital consists of 5,12,83,099 fully paid equity shares and 8,060 partly paid equity shares.
The financial details of the allotment are summarized below:
| Particulars | Details |
|---|---|
| Scheme Name | Employees' Stock Option Scheme 2017 |
| Shares Allotted | 5,200 Equity Shares |
| Face Value Per Share | ₹2/- |
| Increase in Paid-up Capital | N/A |
| Total Paid-up Share Capital | ₹10,25,74,258/- |
| Fully Paid Equity Shares | 5,12,83,099 |
| Partly Paid Equity Shares | 8,060 |
| Payment Made on Partly Paid Shares | ₹1/- per share |
NAVINFLUOR Stock Price Movement
On Tuesday, Navin Fluorine International Limited shares rallied, closing at ₹7075.5, marking a notable 2.38% gain for the session. The strong momentum saw the stock surpass its day's high and reach an all-time 52-week high of ₹7200 on a trading volume of 211,523 shares.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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