India Shelter Finance Corporation Allots 42,700 Equity Shares Under ESOP Schemes

2 min read     Updated on 13 Mar 2026, 03:12 PM
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AI Summary

India Shelter Finance Corporation Limited allotted 42,700 equity shares on March 13, 2026, under its ESOP schemes, increasing the paid-up share capital to Rs. 54,37,92,245 with total equity shares reaching 10,87,58,449. The allotment comprised 33,700 shares under ESOP Scheme 2021 with exercise prices ranging from Rs. 154.80 to Rs. 207.70, and 9,000 shares under ESOP Scheme 2023 at Rs. 204 per share. The newly allotted shares will rank pari-passu with existing equity shares and are being processed for listing on NSE and BSE.

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India Shelter Finance Corporation Limited has completed the allotment of 42,700 equity shares under its Employee Stock Option Plan (ESOP) schemes on March 13, 2026. The allotment was executed following the exercise of vested Employee Stock Options and was approved by the Stakeholders Relationship Committee through a circular resolution.

Share Capital Enhancement

The allotment has resulted in an increase in the company's paid-up share capital and total equity base:

Parameter: Before Allotment After Allotment
Paid-up Share Capital: Rs. 54,35,78,745 Rs. 54,37,92,245
Total Equity Shares: 10,87,15,749 10,87,58,449
Face Value per Share: Rs. 5/- Rs. 5/-

ESOP Scheme Breakdown

The allotment was distributed across two ESOP schemes with different exercise prices:

ESOP Scheme: Shares Allotted Exercise Price Range
ESOP Scheme 2021: 33,700 shares Rs. 154.80 to Rs. 207.70
ESOP Scheme 2023: 9,000 shares Rs. 204
Total Allotment: 42,700 shares -

The ESOP Scheme 2021 featured multiple exercise price points including Rs. 154.80, Rs. 157.79, Rs. 170.36, Rs. 197.00, and Rs. 207.70, while the ESOP Scheme 2023 maintained a uniform exercise price of Rs. 204.

Regulatory Compliance and Share Details

The allotment was conducted in accordance with Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has confirmed that the newly allotted shares will rank pari-passu with existing equity shares and carry identical rights and privileges.

Key regulatory details include:

  • ISIN Number: INE922K01024
  • Distinctive Numbers: 10,87,15,750 to 10,87,58,449
  • Issue Date: March 13, 2026
  • Lock-in Period: Not applicable

Listing and Administrative Procedures

India Shelter Finance Corporation has indicated that it is in the process of completing formalities for listing the newly allotted shares on both the National Stock Exchange of India Limited and BSE Limited. The company filed the required ESOP scheme statements with both exchanges on April 22, 2024, with filing numbers 41278 and 41280 for NSE, and 200245 and 200247 for BSE respectively.

The allotted shares are identical in all respects to the existing equity shares of the company and will be issued in dematerialized form under the same ISIN. No listing fees are applicable for this allotment, and the shares will be available for trading once the listing formalities are completed.

Historical Stock Returns for India Shelter Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-2.08%+2.48%-14.79%-7.87%+35.29%
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India Shelter Finance Corporation Receives IND AA-/Stable Credit Rating for Rs. 20,000 Million Bank Loan Facilities

1 min read     Updated on 09 Mar 2026, 08:20 PM
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India Shelter Finance Corporation Limited received credit rating actions from India Ratings and Research Private Limited for bank loan facilities totaling Rs. 20,000 million. The rating agency affirmed IND AA-/Stable rating for Rs. 10,000 million existing facilities and assigned the same rating to additional Rs. 10,000 million facilities. The company disclosed this information to stock exchanges on March 09, 2026, in compliance with SEBI listing regulations.

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India Shelter Finance Corporation Limited has received credit rating actions from India Ratings and Research Private Limited (Ind-Ra) for its bank loan facilities worth Rs. 20,000 million. The company informed the stock exchanges about these developments on March 09, 2026, as part of its regulatory disclosure obligations.

Credit Rating Details

India Ratings and Research Private Limited has taken comprehensive rating actions on the company's banking facilities. The rating agency has maintained a stable outlook across all facilities, reflecting confidence in the company's financial position.

Facility Type Amount (Rs. Million) Rating Action
Bank loan facilities 10,000 IND AA-/Stable Affirmed
Bank loan facilities 10,000 IND AA-/Stable Assigned

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and Regulation 51 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Mukti Chaplot signed the intimation letter sent to both BSE Limited and National Stock Exchange of India Limited.

Rating Significance

The IND AA- rating with stable outlook indicates a strong credit profile for the housing finance company. The affirmation of the existing facility rating demonstrates consistency in the company's creditworthiness, while the assignment of the same rating to new facilities shows maintained confidence from the rating agency.

Company Information

India Shelter Finance Corporation Limited operates as a housing finance company with its registered office located in Gurgaon, Haryana. The company is incorporated under CIN L65922HR1998PLC042782 and maintains customer service operations through multiple communication channels including phone and email support.

Historical Stock Returns for India Shelter Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-2.08%+2.48%-14.79%-7.87%+35.29%
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1 Year Returns:-7.87%