Greaves Cotton Allots 10,000 Equity Shares Under Employee Stock Option Plan 2020

1 min read     Updated on 20 Mar 2026, 03:57 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
35548030

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 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?

Greaves Cotton Schedules Investor Plant Visit at Chhatrapati Sambhajinagar Facility for March 20, 2026

1 min read     Updated on 17 Mar 2026, 03:48 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Greaves Cotton Limited has scheduled a plant visit for investors and analysts at its Chhatrapati Sambhajinagar facility on March 20, 2026. The full-day group visit was announced in compliance with SEBI Regulation 30 requirements. The company noted that the schedule may be subject to changes due to operational exigencies.

powered bylight_fuzz_icon
35288321

*this image is generated using AI for illustrative purposes only.

Greaves Cotton Limited has announced a scheduled plant visit for investors and analysts at its manufacturing facility in Chhatrapati Sambhajinagar. The company made this disclosure on March 17, 2026, in compliance with regulatory requirements under SEBI listing obligations.

Plant Visit Details

The company has organized a comprehensive facility tour for stakeholders to provide them with firsthand insights into its manufacturing operations. The visit is structured as a group interaction, allowing multiple participants to engage simultaneously.

Parameter: Details
Date: March 20, 2026
Location: Chhatrapati Sambhajinagar Plant
Duration: Full Day
Format: In-person Group Visit
Type: Manufacturing Facility Tour

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions, including scheduled interactions with stakeholders.

The company has indicated that the schedule remains subject to potential changes due to exigencies that may arise from either the investors' side or the company's operational requirements. Such flexibility is standard practice for corporate events to accommodate unforeseen circumstances.

Corporate Communication

The disclosure was signed by Atindra Basu, Group General Counsel & Company Secretary, who holds ICSI Membership No. F13799. The communication was addressed to both major stock exchanges where the company's shares are listed, ensuring comprehensive regulatory compliance and transparency with all stakeholders.

Historical Stock Returns for Greaves Cotton

1 Day5 Days1 Month6 Months1 Year5 Years
+0.54%-2.38%-13.66%-38.60%-38.03%-1.64%

More News on Greaves Cotton

1 Year Returns:-38.03%