Pidilite Industries Allots 15,000 Shares Under ESOP-2016; Share Capital Increases
Pidilite Industries Ltd has completed the allotment of equity shares to eligible employees under its Employee Stock Option Plan-2016 (ESOP-2016). The allocation was approved by the ESOP Allotment Committee-2016 of the Board of Directors during a meeting held on July 13, 2026.In accordance with the terms set out in the ESOP-2016 Scheme, the company allotted 15,000 equity shares. These shares were issued for cash at par and each carries a face value of Re.1/-.
The newly issued equity shares are designated to rank pari passu in all respects with the existing equity shares of Pidilite Industries Ltd.
This allotment resulted in an increase in the company's share capital. The share capital of Pidilite Industries stood at 1,017,775,348 before the allotment and increased to 1,017,790,348 following the issuance of the shares.
PIDILITIND Stock Price Movement
As of 12:16 PM, shares of Pidilite Industries Limited are shedding value in live trading, currently tracking down 1.21% to ₹1579.10. The stock has seen brisk movement so far today, with a volume of 204,383 shares traded through the midday update.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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