GHCL Limited Allotment of 1.96 Lakh Equity Shares via Employee Stock Options

GHCL Limited has announced the successful allotment of 1,96,500 equity shares to 10 allottees, including two Key Managerial Personnel (KMP). This allotment follows the exercise of options under the GHCL ESOS 2015 scheme. The action results in an increase of the company’s issued and paid-up capital, reflecting the firm’s ongoing commitment to employee incentives and long-term organizational growth.

Details of Share Allotment

On May 5, 2026, the Nomination and Remuneration Committee of the Board of Directors approved the issuance of 1,96,500 equity shares. These shares, each with a face value of Rs. 10, were allotted to 10 individuals who exercised their stock options as part of the company’s employee welfare scheme, GHCL ESOS 2015.

Impact on Paid-Up Capital

The latest allotment has directly expanded the company’s financial base. Following this transaction, the issued and paid-up share capital has increased from Rs. 91,93,41,550, representing 9,19,34,155 equity shares, to Rs. 92,13,06,550, totaling 9,21,30,655 equity shares.

Stock Parity and Listing

GHCL Limited has confirmed that the newly allotted shares will rank pari passu with the existing equity shares of the company. The company is currently finalizing the necessary procedures to ensure these shares are listed on the respective stock exchanges, maintaining transparency for all existing shareholders and investors.

Source: BSE

Previous Article

Sunflag Iron & Steel Co. Ltd. Major Stakeholders Reduce Equity Holding

Next Article

Fine Organic Industries Limited Board to Discuss Q4 Financials and Dividend Payout