ALPHA TRIBE

Walchandnagar Industries LimitedQIP/Rights/Pref., 14-08-2025: Allotment of Securities

14-08-2025 | 06:50 pm

Walchandnagar Industries (WIL) has allotted 43,175 new equity shares to eligible employees. These shares, issued under the WIL Employee Stock Options Plan 2020, were priced at an exercise price of Rs. 2/- per share. This move aims to incentivize employees by offering participation in company ownership. Following this allotment, WIL's total paid-up equity capital now stands at 6,78,26,451 shares, totaling Rs. 13.57 Cr. This is a routine capital expansion via employee benefits and results in a minor fund infusion. No major shifts in promoter holding are implied by this small issuance.

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