Greaves Cotton Allots 10,000 Equity Shares Under Employee Stock Option Plan 2020
Greaves Cotton Limited has allotted 10,000 equity shares under its Employee Stock Option Plan 2020 at an exercise price of Rs. 2.00 per share, generating total proceeds of Rs. 20,000. The allotment was approved by the Nomination and Remuneration Committee on 20th March 2026 through a circular resolution. Following this allotment, the company's paid-up capital has increased to Rs. 46,58,12,522, comprising 23,29,06,261 equity shares of Rs. 2.00 face value each, with the new shares ranking pari-passu with existing equity shares.

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Greaves Cotton Limited has completed the allotment of 10,000 equity shares under its Employee Stock Option Plan 2020, as approved by the company's Nomination and Remuneration Committee through a circular resolution passed on 20th March 2026. The allotment represents the exercise of stock options by an employee option grantee at the predetermined exercise price.
Share Allotment Details
The equity shares were allotted following the exercise of 10,000 stock options under the Greaves Cotton Employee Stock Option Plan 2020. The allotment was executed at specific terms that align with the company's employee incentive framework.
| Parameter: | Details |
|---|---|
| Shares Allotted: | 10,000 equity shares |
| Face Value: | Rs. 2.00 per share |
| Exercise Price: | Rs. 2.00 per share |
| Total Consideration: | Rs. 20,000 |
| Approval Date: | 20th March 2026 |
Impact on Share Capital
Following the allotment of these equity shares, Greaves Cotton's capital structure has been updated to reflect the increased shareholding. The newly allotted shares carry the same rights and privileges as the existing equity shares of the company.
| Capital Component: | Updated Position |
|---|---|
| Issued, Subscribed and Paid-up Capital: | Rs. 46,58,12,522 |
| Total Number of Shares: | 23,29,06,261 equity shares |
| Face Value per Share: | Rs. 2.00 |
Regulatory Compliance
The allotment has been conducted in accordance with the Securities and Exchange Board of India regulations. The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in its employee stock option activities. The newly allotted equity shares shall rank pari-passu with the existing equity shares of the company in all respects, providing equal rights to the option grantee.
Historical Stock Returns for Greaves Cotton
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.54% | -2.38% | -13.66% | -38.60% | -38.03% | -1.64% |
How many more stock options remain unexercised under the Employee Stock Option Plan 2020, and what is the timeline for their potential exercise?
Will Greaves Cotton introduce additional employee stock option plans to retain talent in the competitive automotive and engineering sector?
What impact might the dilution from ongoing ESOP exercises have on the company's earnings per share and dividend policy?


































