Tapi Fruit Processing Limited — QIP/Rights/Pref., 04-08-2025: Allotment of Securities
04-08-2025 | 04:22 pm
04-08-2025 | 04:22 pm
Tapi Fruit Processing Limited has issued 27,500 new equity shares to employees who exercised stock options under the ESOP 2023 plan. These shares were allotted at an exercise price of ₹40 each (₹10 face value plus ₹30 premium), injecting ₹0.11 Cr into the company. This allotment boosts the paid-up equity share capital from ₹4.273 Cr to ₹4.3005 Cr, now comprising 43,00,500 total shares. This move aligns employee incentives with company growth, though it leads to a slight increase in share capital and potential minor dilution for existing shareholders. The new shares are subject to a one-year lock-in period.
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