Vijaya Diagnostic Centre Limited Allots 100,987 Equity Shares Under ESOP Plan

Vijaya Diagnostic Centre Limited Allots 100,987 Equity Shares Under ESOP Plan
<h1>Vijaya Diagnostic Centre Limited Allots 100,987 Equity Shares Under ESOP Plan</h1>

Vijaya Diagnostic Centre Limited has announced a significant increase in its issued share capital following the allotment of equity shares to employees who exercised options under the VDCL Employee Stock Option Plan 2018. The allotment was approved by the Nomination and Remuneration Committee of the company's Board of Directors.

The issuance of 100,987 equity shares, each having a face value of ₹1/-, led to an increase in the issued, subscribed, and paid-up equity share capital of the Company. Prior to this allotment, the capital stood at ₹10,28,96,728/-. Following the successful allotment, the total paid-up capital increased to ₹10,29,97,715/-.

The shares allotted are designated as equity shares under the Vijaya Diagnostic Centre Limited Employee Stock Option Plan 2018.

Share Issuance Details​

The following table provides details regarding the allotment of equity shares:

ParticularsDetail
Shares Allotted in this Issue100,987
Face Value per Share₹1/-
Total Issued Shares After This Issue10,29,97,715
Equity Plan ReferenceVDCL Employee Stock Option Plan 2018

Exercise Price and Premium Breakdown​

The allotment covered shares exercised at various prices, reflecting different terms under the stock option plan. Specific details of the exercise price and premium per share are as follows:

Share Group SizeExercise Price per SharePremium per Share
53,339 shares₹318.00/-₹317.00/-
28,948 shares₹519.00/-₹518.00/-
18,700 shares₹815.00/-₹814.00/-

The allotted equity shares are identical in all respects to the Company's existing equity shares. Furthermore, no lock-in period has been imposed on these newly allotted shares.

VIJAYA Stock Price Movement​

Shares of Vijaya Diagnostic Centre Limited slipped on Wednesday, closing at ₹1313.1 after shedding 1.60%. The stock saw significant trading volume of 165,232 shares during the session.
 

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