Shadowfax Technologies Allots Shares Under ESOP Plan 2016; Share Capital Increases
Shadowfax Technologies Limited, formerly known as Shadowfax Technologies Private Limited, announced on April 22, 2026, the allotment of equity shares to eligible employees and Employee Stock Option Plan (ESOP) holders. The shares were allotted under the Company's Employee Stock Option Plan 2016 (SFX ESOP 2016).The Company's Board of Directors passed a resolution detailing the allotment of 7,27,452 equity shares. These shares have a face value of Rs. 10/- each and were allotted to employees/ESOP holders who exercised their stock options under the SFX ESOP 2016.
The share allotment resulted in an increase in the Company's total issued, subscribed, and paid-up equity share capital.
The details of the change in the company's capital structure are as follows:
| Metric | Before Allotment | After Allotment |
|---|---|---|
| Total Issued, Subscribed and Paid-up Capital | Rs. 5,82,27,15,050/- | Rs. 5,82,99,89,570/- |
| Total Equity Shares | 58,22,71,505 | 58,29,98,957 |
| Face Value Per Share | Rs. 10/- | Rs. 10/- |
The allotment successfully increased the equity share capital, providing funding through the exercise of existing stock options by employees.
SHADOWFAX Stock Price Movement
Today, Shadowfax Technologies Limited shares edged higher, settling at ₹158.7, climbing 2.29% in post-market trading. The equity saw robust volume of 2.09 million shares and marked a strong day as it approached its 52-week high of ₹161.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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