IndiaMART InterMESH Limited has announced the allotment of 56,000 equity shares to the Indiamart Employee Benefit Trust. These shares, with a face value of Rs. 10 each, were issued to facilitate the exercise of Stock Appreciation Rights and Employee Stock Options under the company’s 2018 Employee Stock Benefit Scheme. Following this issuance, the company’s total paid-up equity share capital has increased to Rs. 60,14,31,480.
Details of the Share Allotment
On May 8, 2026, the Share Allotment Committee of IndiaMART InterMESH Limited approved the issuance of 56,000 new equity shares. The shares were issued at a price of Rs. 10 per share. This strategic allotment is intended to support the ongoing employee incentive programs, specifically the Stock Appreciation Rights and Employee Stock Options established under the 2018 Stock Benefit Scheme.
Impact on Paid-up Capital
The recent allotment has resulted in a direct increase in the company’s total paid-up equity share capital. Previously, the capital stood at Rs. 60,08,71,480, divided into 6,00,87,148 equity shares. With the addition of these 56,000 shares, the total paid-up capital now stands at Rs. 60,14,31,480, representing a total of 6,01,43,148 equity shares of Rs. 10 each.
Operational Status
The newly allotted shares are fully paid up and rank pari-passu with the existing equity shares of the company. These shares are listed under the ISIN INE933S01016 and occupy the distinctive range from 6,14,97,149 to 6,15,53,148. This move underscores the company’s commitment to its long-term employee stock ownership goals.
Source: BSE
