Just Dial Allots 4,375 Equity Shares Under Employee Stock Option Scheme, Paid-Up Capital Rises to Rs.85,04,90,320

1 min read     Updated on 07 May 2026, 09:13 PM
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AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

Just Dial's Chief Business Officer (South and West) Rakesh Ojha Resigns Effective May 5, 2026

1 min read     Updated on 06 May 2026, 03:42 AM
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AI Summary

Just Dial Limited has disclosed the resignation of Mr. Rakesh Ojha, Chief Business Officer (South and West) and Senior Management Personnel, effective May 5, 2026. Mr. Ojha submitted his resignation letter on February 5, 2026, citing his decision to explore opportunities outside the company. He committed to serving the notice period and ensuring a smooth handover of responsibilities. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Just Dial Limited has informed the stock exchanges of the resignation of Mr. Rakesh Ojha, Chief Business Officer (South and West) and Senior Management Personnel of the company, effective from the close of business hours on May 5, 2026. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Ojha stated that he is leaving to explore opportunities outside the company.

Key Details of the Resignation

The following table summarizes the key details pertaining to Mr. Rakesh Ojha's resignation as disclosed by Just Dial Limited:

Parameter: Details
Name: Mr. Rakesh Ojha
Designation: Chief Business Officer – (South and West)
Classification: Senior Management Personnel
Date of Resignation Letter: February 5, 2026
Effective Date of Resignation: May 5, 2026
Reason for Resignation: To explore opportunities outside the company
Regulatory Disclosure: Regulation 30, SEBI (LODR) Regulations, 2015

Resignation and Transition

Mr. Ojha submitted his resignation letter on February 5, 2026, addressed to Mr. V.S.S. Mani, Managing Director and Chief Executive Officer of Just Dial Limited. In his letter, Mr. Ojha confirmed that he would serve the necessary notice period and remain committed to ensuring a smooth transition of all responsibilities. He expressed appreciation for the support and opportunities provided during his tenure and extended his best wishes to the company and its team.

The company accepted his resignation, with his last working day confirmed as May 5, 2026. The disclosure was signed and submitted by Mr. Manan Udani, Company Secretary and Compliance Officer of Just Dial Limited, on May 5, 2026.

Historical Stock Returns for Just Dial

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+2.25%+4.77%-27.67%-39.37%-33.98%

Who will Just Dial appoint as the new Chief Business Officer for South and West regions, and how quickly can the company fill this leadership gap?

How might Mr. Ojha's departure impact Just Dial's business performance and market expansion strategy in the South and West regions in the near term?

Is this resignation part of a broader leadership restructuring trend at Just Dial, and could it signal deeper organizational challenges within the company?

More News on Just Dial

1 Year Returns:-39.37%