India Shelter Finance Corporation Allots 20,250 Equity Shares Under ESOP Schemes
India Shelter Finance Corporation Limited allotted 20,250 equity shares under its ESOP schemes on April 08, 2026, increasing paid-up capital from Rs. 54,37,92,245 to Rs. 54,38,93,495. The allotment comprised 9,900 shares under ESOP Scheme 2021 and 10,350 shares under ESOP Scheme 2023, with exercise prices ranging from Rs. 154.80 to Rs. 207.70. The newly allotted shares rank pari-passu with existing equity shares and the company is completing listing formalities.
*this image is generated using AI for illustrative purposes only.
India Shelter Finance Corporation Limited has successfully allotted 20,250 equity shares under its Employee Stock Option Plans (ESOP), marking another milestone in its employee benefit initiatives. The allotment was approved by the Stakeholders Relationship Committee through a circular resolution on April 08, 2026.
Share Capital Enhancement
The ESOP exercise has resulted in a notable increase in the company's equity base. The paid-up share capital has grown from Rs. 54,37,92,245 to Rs. 54,38,93,495, with the total number of equity shares increasing from 10,87,58,449 to 10,87,78,699.
| Parameter | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Share Capital | Rs. 54,37,92,245 | Rs. 54,38,93,495 |
| Total Equity Shares | 10,87,58,449 | 10,87,78,699 |
| Face Value per Share | Rs. 5/- | Rs. 5/- |
ESOP Scheme Details
The allotment was executed under two distinct ESOP schemes, demonstrating the company's commitment to employee participation across different time periods.
| Scheme Details | ESOP Scheme 2021 | ESOP Scheme 2023 |
|---|---|---|
| Shares Allotted | 9,900 | 10,350 |
| Exercise Prices | Rs. 154.80, Rs. 157.79, Rs. 197.00, Rs. 207.70 | Rs. 204.00 |
| Premium per Share | Rs. 149.80, Rs. 152.79, Rs. 192.00, Rs. 202.70 | Rs. 199.00 |
| Allotment Date | April 08, 2026 | April 08, 2026 |
Regulatory Compliance
The allotment was conducted in full compliance with SEBI regulations. The company filed the required statements under Regulation 10(b) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, with both BSE and NSE on April 22, 2024.
| Exchange | Filing Number |
|---|---|
| BSE (ESOP 2021) | 200245 |
| NSE (ESOP 2021) | 41278 |
| BSE (ESOP 2023) | 200247 |
| NSE (ESOP 2023) | 41280 |
Share Characteristics and Listing
The newly allotted shares carry identical rights and privileges as existing equity shares, ensuring pari-passu treatment for all shareholders. The company has confirmed that it is in the process of completing formalities for listing the allotted shares on both NSE and BSE.
Key features of the allotted shares include:
- ISIN Number: INE922K01024
- Distinctive Numbers: 10,87,58,450 - 10,87,78,699
- No lock-in restrictions applicable
- Identical rights with existing equity shares
The successful execution of this ESOP allotment reflects India Shelter Finance Corporation's ongoing strategy to align employee interests with shareholder value creation while maintaining strict adherence to regulatory requirements.
Historical Stock Returns for India Shelter Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.35% | +1.45% | +13.41% | -12.65% | -6.97% | +42.16% |
How might this ESOP allotment impact India Shelter Finance's employee retention and recruitment strategy in the competitive housing finance sector?
What percentage of the total employee base participated in this ESOP exercise, and does this indicate strong employee confidence in the company's future prospects?
Will the increased share capital from ESOP exercises affect India Shelter Finance's capital adequacy ratios and lending capacity going forward?
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