Balrampur Chini Mills Limited — Others, 12-08-2025: ESOP/ESOS/ESPS
12-08-2025 | 02:59 pm
12-08-2025 | 02:59 pm
Balrampur Chini Mills has allotted 41,587 new equity shares to employees who exercised their Stock Appreciation Rights (ESARs) under the ESAR Plan 2023. These shares, with a ₹1 par value, were issued at an exercise price of ₹386.60 per share. Post-allotment, the company's total issued share capital stands at ₹20.19 Cr, representing 20,19,43,958 shares. This action broadens employee ownership, aligning their interests with shareholders. While resulting in minor share dilution, it is a common incentive practice to reward and retain talent.
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