NewsGreaves Cotton Allots 45,173 Equity Shares Under Employee Stock Option Plan 2020, Paid-Up Capital RisesGreaves Cotton Allots 45,173 Equity Shares Under Employee Stock Option Plan 2020, Paid-Up Capital Rises
Greaves Cotton allotted 45,173 fully paid-up equity shares of Rs. 2/- each under its Employee Stock Option Plan 2020, approved by the Nomination and Remuneration Committee on 05 May 2026. Following the allotment, the company's paid-up share capital stands increased to Rs. 46,59,02,868/-, comprising 23,29,51,434 equity shares, with the new shares ranking pari-passu with existing shares in all respects.
*this image is generated using AI for illustrative purposes only.
Greaves Cotton has allotted 45,173 fully paid-up equity shares of face value Rs. 2/- each under its Employee Stock Option Plan 2020, as disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors at its meeting held on 05 May 2026.
ESOP Allotment Details
The shares were allotted following the exercise of stock options by eligible employees under the Greaves Cotton – Employee Stock Option Plan 2020. The newly allotted equity shares shall rank pari-passu with the existing equity shares of the company in all respects, including dividend and voting rights.
The key details of the allotment are summarised below:
| Parameter: | Details |
|---|---|
| Allotment Date: | 05 May 2026 |
| Number of Shares Allotted: | 45,173 |
| Face Value per Share: | Rs. 2/- |
| Plan: | Greaves Cotton – Employee Stock Option Plan 2020 |
| Regulatory Compliance: | Regulation 30, SEBI (LODR) Regulations, 2015 |
Impact on Share Capital
Following this allotment, the issued, subscribed, and paid-up share capital of Greaves Cotton has been revised upward. The updated capital structure is as follows:
| Capital Parameter: | Post-Allotment Figure |
|---|---|
| Total Paid-Up Share Capital: | Rs. 46,59,02,868/- |
| Total Number of Equity Shares: | 23,29,51,434 |
| Face Value per Share: | Rs. 2/- |
The disclosure was signed by Atindra Basu, Group General Counsel and Company Secretary of Greaves Cotton, with Membership No. F13799, confirming the regulatory filing on behalf of the company.
Historical Stock Returns for Greaves Cotton
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.98% | +0.35% | +23.82% | -17.28% | -11.56% | +15.91% |
How might the gradual dilution from ongoing ESOP allotments under the 2020 plan affect Greaves Cotton's earnings per share trajectory over the next few quarters?
Will Greaves Cotton introduce a new Employee Stock Option Plan beyond 2020 to retain and attract talent, given the company's ongoing transformation in the EV and clean mobility space?
How does Greaves Cotton's ESOP utilization rate compare to peers in the engineering and EV sector, and what does it signal about employee confidence in the company's long-term growth prospects?
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