Vishal Mega Mart Ltd. Allots Shares Under Employee Stock Option Plan
Vishal Mega Mart Limited announced the allotment of 1,10,000 equity shares following the exercise of stock options under the Vishal Mega Mart Employees Stock Options Plan 2019. The allotment occurred on Friday, April 03, 2026, with an exercise price of Rs. 35 per stock option.The Securities Allotment Committee approved the allotment of the shares, each with a face value of Rs. 10. Consequently, the company's paid-up share capital increased from Rs. 46,73,11,78,060 consisting of 4,67,31,17,806 equity shares to Rs. 46,73,22,78,060 consisting of 4,67,32,27,806 equity shares.
The exercise of 1,10,000 stock options generated Rs. 38,50,000 for the company. The allotted shares will rank pari passu with existing equity shares, including dividend entitlement.
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