Pearl Global Industries Allots 13,600 Equity Shares Under ESOP Plan 2022
Pearl Global Industries Limited allotted 13,600 equity shares of face value Rs. 5/- each on May 08, 2026, under its ESOP Plan 2022, following exercise of vested stock options by eligible employees and subsidiaries. The shares, issued in dematerialised form with distinctive numbers 4,61,46,018 to 4,61,59,617, carry no lock-in period and are identical to existing shares. Post-allotment, total issued shares stand at 4,61,59,617, with total issued share capital of Rs. 23,07,98,085/-.
*this image is generated using AI for illustrative purposes only.
Pearl Global Industries Limited has allotted 13,600 equity shares of face value Rs. 5/- each on May 08, 2026, to eligible employees of the company and its subsidiaries. The allotment was made under the Pearl Global Industries Limited Employee Stock Option Plan 2022 (ESOP Plan 2022), following the exercise of vested stock options by the beneficiaries. The Nomination and Remuneration Committee approved the allotment, and the disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
ESOP Allotment Details
The allotment was carried out in compliance with Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The newly issued shares carry distinctive numbers ranging from 4,61,46,018 to 4,61,59,617 and have been issued in dematerialised form. The shares are identical in all respects to the existing equity shares of the company and are not subject to any lock-in period.
The key details of the allotment are presented below:
| Parameter: | Details |
|---|---|
| Date of Issue: | May 08, 2026 |
| Number of Shares Issued: | 13,600 |
| Face Value per Share: | Rs. 5/- |
| Exercise Price per Share: | Rs. 150/-, Rs. 225/-, Rs. 375/-, Rs. 448/- and Rs. 675/- |
| Premium per Share: | Rs. 145/-, Rs. 220/-, Rs. 370/-, Rs. 443/- and Rs. 670/- |
| Distinctive Numbers: | 4,61,46,018 to 4,61,59,617 |
| Lock-in Period: | None |
Post-Allotment Share Capital
Following this issuance, the company's share capital has been updated as outlined below:
| Metric: | Details |
|---|---|
| Total Issued Shares (Post-Issue): | 4,61,59,617 |
| Total Issued Share Capital (Post-Issue): | Rs. 23,07,98,085/- |
Scheme Background
The ESOP Plan 2022 was originally filed with the recognised stock exchanges on 06th September, 2022, with filing numbers NSE: 32401 and BSE: 2487. The scheme covers equity shares listed on both BSE Limited and the National Stock Exchange of India Limited. Pearl Global Industries is registered and headquartered at Pearl Tower, Plot No. 51, Sector-32, Gurugram – 122001, Haryana.
The intimation was signed by Shilpa Saraf, Company Secretary and Compliance Officer (ICSI M. No.: ACS-23564), on behalf of Pearl Global Industries Limited.
Historical Stock Returns for Pearl Global Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.92% | +3.89% | +5.16% | -2.18% | +26.60% | +687.38% |
How might the progressive increase in ESOP exercise prices (from Rs. 150 to Rs. 675) under the 2022 plan reflect Pearl Global Industries' stock performance trajectory, and what does this signal about future employee compensation strategies?
With the total issued shares now at 4,61,59,617, how close is Pearl Global Industries to exhausting its ESOP Plan 2022 pool, and will the company consider launching a new ESOP scheme to retain talent?
How could the continued dilution of equity through ESOP allotments impact Pearl Global Industries' earnings per share (EPS) and overall shareholder value in the upcoming quarters?
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