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Walchandnagar Industries allots shares under employee stock option plan

November 29, 2025 at 06:09 AM UTCBy FilingReader AI

Walchandnagar Industries Limited has announced the allotment of 15,609 new equity shares, each with a face value of INR 2, to eligible employees. This allotment, dated November 29, 2025, follows the exercise of options granted under the company’s WIL Employee Stock Options Plan 2020 and was approved by the nomination and remuneration committee.

The issuance results in an increase of the company's subscribed and paid-up equity share capital to INR 13,56,84,120, divided into 6,78,42,060 equity shares of INR 2 each. These new shares will rank pari-passu with the existing equity shares of the company, and the exercise price per share was INR 2, with no premium charged.

The company confirmed that the listing fees for the increased capital, which remains within the INR 100 crore slab, have already been paid. Consequently, no additional listing fees will be payable for these newly issued equity shares. The allotment details have been duly intimated to both the National Stock Exchange of India and BSE Limited.

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

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