MosChip Technologies Allots 3,04,689 Equity Shares Under Employee Stock Option Plans
MosChip Technologies Limited has allotted 3,04,689 equity shares with face value of Rs. 2 each to eligible employees under various Employee Stock Option Plans. The allotment was approved by the Nomination and Remuneration Committee on March 17, 2026, increasing the company's total equity shares from 19,35,61,848 to 19,38,66,537. The newly issued shares will rank pari-passu with existing shares and the company has duly informed stock exchanges as per regulatory requirements.
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MosChip Technologies Limited has completed the allotment of equity shares to its employees under the company's Employee Stock Option Plans (ESOP). The semiconductor and technology solutions company announced this development through a regulatory filing on March 17, 2026.
ESOP Allotment Details
The Nomination and Remuneration Committee of the Board of Directors approved the allotment through a circular resolution on March 17, 2026. The allotment covers eligible employees who exercised their vested options under various MosChip Stock Option Schemes.
| Parameter: | Details |
|---|---|
| Shares Allotted: | 3,04,689 equity shares |
| Face Value: | Rs. 2 per share |
| Beneficiaries: | Eligible employees |
| Approval Date: | March 17, 2026 |
| Approval Method: | Circular Resolution |
Impact on Share Capital
The allotment has resulted in an increase in the company's total equity share count. The newly issued shares will carry the same rights and privileges as existing equity shares of the company.
| Share Count: | Before Allotment | After Allotment | Increase |
|---|---|---|---|
| Total Equity Shares: | 19,35,61,848 | 19,38,66,537 | 3,04,689 |
Regulatory Compliance
The company has informed both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about this allotment as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by CS Suresh Bachalakura, Company Secretary of MosChip Technologies Limited.
The newly allotted shares will rank pari-passu with the existing shares of the company in all respects, ensuring equal treatment for all shareholders. This ESOP exercise reflects the company's commitment to employee participation in its growth and success through equity ownership.
Historical Stock Returns for Moschip Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.23% | -3.45% | -14.70% | -38.57% | +5.03% | -16.61% |
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