FilingReader Intelligence

R R Kabel expands equity base with ESOP allotment

September 30, 2025 at 06:39 AM UTCBy FilingReader AI

R R Kabel Limited, a manufacturer of wires and cables, announced on September 30, 2025, the allotment of 1,484 equity shares of face value ₹5 each. These shares were issued to eligible employees who exercised their vested options under the RR Kabel Employee Stock Option Plan 2020 (RRKL ESOP 2020). The allotment was approved by the finance and allotment committee on the same date.

This issuance increases the company's paid-up equity share capital from ₹56,54,31,165 (comprising 11,30,86,233 equity shares) to ₹56,54,38,585 (comprising 11,30,87,717 equity shares). The new shares, with distinctive numbers from 113086234 to 113087717 and an ISIN of INE777K01022, will rank pari-passu with existing equity shares.

The exercise price per share for this allotment was ₹337.50, resulting in a premium of ₹332.50 per share. The company, listed on both BSE Limited (BSE) and National Stock Exchange of India Limited (NSE), ensures that all disclosures comply with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:RRKABELBombay Stock Exchange

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