Poonawalla Fincorp Ltd Allots Equity Shares Under Employee Stock Option Scheme
Poonawalla Fincorp Ltd has announced the allotment of 13,506 equity shares as part of the company's Employee Stock Option Schemes. The decision was approved by the Nomination and Remuneration Committee of the Board of Directors on July 16, 2026.The newly allotted equity shares carry a face value of Rs. 2/- each. These shares will rank pari-passu with the existing equity shares of the company in all respects from the date of allotment.
Following this issuance, the total issued, subscribed, and paid-up equity share capital of Poonawalla Fincorp Ltd will increase to Rs. 1,761,024,388.00. This represents a total of 880,512,194 equity shares with a face value of Rs. 2/- each.
The updated capital structure is detailed in the table below:
| Description | Details |
|---|---|
| Number of Shares Allotted | 13,506 |
| Face Value per Share | Rs. 2/- |
| Total Issued, Subscribed, and Paid-up Capital | Rs. 1,761,024,388.00 |
| Total Number of Equity Shares | 880,512,194 |
POONAWALLA Stock Price Movement
Poonawalla Fincorp Limited shares tumbled by 0.85% today to settle at ₹472.15. The stock saw a trading volume of 438,872 shares as it navigated a wide intraday range between ₹467.9 and ₹476.2.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.