Just Dial Allots 4,375 Equity Shares Under Employee Stock Option Scheme, Paid-Up Capital Rises to Rs.85,04,90,320
Just Dial allotted 4,375 equity shares of face value Rs.10/- each under its Employee Stock Option Scheme(s) on May 7, 2026, at an exercise price of Rs.10/- per option. The total money realized from the exercise amounted to Rs.43,750/-. Consequent to this allotment, the company's paid-up share capital has increased to Rs.85,04,90,320/-, comprising 8,50,49,032 equity shares of face value Rs.10/- each.

*this image is generated using AI for illustrative purposes only.
Just Dial has allotted 4,375 equity shares of face value Rs.10/- each to certain employees of the company, pursuant to the exercise of vested options granted under its Employee Stock Option Scheme(s). The allotment was made on May 7, 2026, and has been formally communicated to the stock exchanges.
ESOP Allotment Details
The allotment follows the exercise of stock options by eligible employees at the stipulated exercise price. The key parameters of the allotment are presented below:
| Parameter: | Details |
|---|---|
| Options Exercised: | 4,375 options at an exercise price of Rs.10/- each |
| Money Realized: | Rs.43,750/- (Rupees Forty Three Thousand Seven Hundred and Fifty Only) |
| Face Value per Share: | Rs.10/- |
| Allotment Date: | May 7, 2026 |
Impact on Share Capital
Following this allotment, the issued, subscribed, and paid-up share capital of Just Dial has been revised upward. The updated capital structure is as follows:
| Capital Parameter: | Details |
|---|---|
| Revised Paid-Up Share Capital: | Rs.85,04,90,320/- |
| Total Number of Equity Shares: | 8,50,49,032 |
| Face Value per Share: | Rs.10/- |
The allotment was disclosed by Manan Udani, Company Secretary and Compliance Officer of Just Dial, in a regulatory filing submitted to BSE Limited, National Stock Exchange of India Limited, and Metropolitan Stock Exchange of India Limited.
Historical Stock Returns for Just Dial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.00% | +2.25% | +4.77% | -27.67% | -39.37% | -33.98% |
How might the cumulative dilution from Just Dial's ESOP allotments over the past few years impact long-term shareholder value and earnings per share?
What is the total pool of unvested ESOP options still outstanding at Just Dial, and how could their future exercise affect the company's share capital?
How does Just Dial's ESOP strategy compare to peers in the local search and digital services sector in terms of employee retention and talent acquisition effectiveness?


































