VST Tillers Tractors Ltd. Allots Equity Shares Under RSU Plan
VST Tillers Tractors Ltd. announced the allotment of 9,396 equity shares following the exercise of options under the ‘VST Tillers Tractors Limited - Restricted Stock Unit Plan 2024’ ('RSU Plan'). The Nomination, Compensation & Remuneration Committee (NCRC) approved the allotment on March 30, 2026.The issued, subscribed, and paid-up share capital of the company has increased from ₹ 8,64,33,580 divided into 86,43,358 equity shares to ₹ 8,65,27,540 divided into 86,52,754 equity shares of a face value of ₹ 10 each. The newly allotted shares will rank equally with existing equity shares.
The exercise price per share was ₹ 10, with no premium. Shares were allotted with a distinctive number ranging from 8643359 to 8652754, and carry an ISIN number of INE764D01017.
Below is a summary of details related to the share allotment:
| Particulars | Details |
|---|---|
| Company name and address of Registered Office | VST Tillers Tractors Ltd, Plot No I, Dayavasandra Indl. Layout, Whitefield Road, Mahadevapura Post, Bengaluru, Karnataka, 560048 |
| Stock Exchanges | BSE Ltd and NSE Ltd |
| Filing date of the statement | February 09, 2024 |
| Filing Numbers | NSE: 39974, BSE: 193227 |
| Scheme Name | ‘VST Tillers Tractors Limited - Restricted Stock Unit Plan 2024’ |
| Security Type | Equity Share |
| Par Value | ₹ 10 per share |
| Date of Issue | March 29, 2026 |
| Number of Shares Issued | 9,396 |
| Total Issued Shares | 86,52,754 |
| Total Issued Share Capital | ₹ 8,65,27,540 |
| Lock-in Details | Not applicable |
| Shares Identical? | Yes |
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