<h1>Sona BLW Precision Forgings Allots Equity Shares Under ESOP Plan 2023; Issued Capital Increases</h1>
Sona BLW Precision Forgings Limited announced the allotment of equity shares to eligible employees following the exercise of vested options under the Sona Employee Stock Option Plan 2023 (ESOP Plan). The allotment, approved by the company's Nomination and Remuneration Committee on July 14, 2026, involved a total of 6,62,301 equity shares.
The allotted equity shares were granted to employees who exercised their vested options under the ESOP Plan. These new shares carry a face value of Rs. 10/- each and are fully paid up. The company affirmed that these newly allotted equity shares will rank pari passu with all existing equity shares in every aspect, including dividend entitlement.
The allotment results in an increase in the issued and paid-up equity share capital of Sona BLW Precision Forgings Limited.
Prior to this transaction, the company's issued and paid-up equity share capital stood at Rs. 6,22,03,48,370, consisting of 62,20,34,837 equity shares, all having a face value of Rs. 10/- each.
Following the ESOP allotment, the total issued and paid-up equity share capital increased to Rs. 6,22,69,71,380. This new capital consists of 62,26,97,138 equity shares, all with a face value of Rs. 10/- each.
The material details regarding the capital structure change are summarized below:
| Financial Metric | Before ESOP Allotment | After ESOP Allotment |
|---|---|---|
| Issued and Paid-up Capital | Rs. 6,22,03,48,370 | Rs. 6,22,69,71,380 |
| Number of Equity Shares | 62,20,34,837 | 62,26,97,138 |
| Face Value per Share | Rs. 10/- | Rs. 10/- |
SONACOMS Stock Price Movement
Sona BLW Precision Forgings Limited shares slipped by 0.52% in post-market trading, settling at ₹666.80 today. The stock saw a traded volume of 873,477 shares during the session.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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