Rishabh Instruments Limited Allots Additional 3,100 Equity Shares Under ESOP
Rishabh Instruments Limited completed additional ESOP allotment of 3,100 shares under Scheme B at higher exercise price of ₹250, following earlier allotment of 45,565 shares under Scheme A. The combined allotments demonstrate strong employee participation in company growth through equity ownership.

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Rishabh instruments Limited has completed another round of equity share allotment under its Employee Stock Option Plan, with 3,100 shares allotted under Scheme B on March 23, 2026. This follows the earlier allotment of 45,565 shares under Scheme A, demonstrating the company's continued commitment to employee equity participation.
Latest Share Capital Enhancement
The recent allotment under ESOP Scheme B has further increased the company's paid-up equity share capital. The following table shows the updated share capital structure:
| Parameter | Before Latest Allotment | After Latest Allotment |
|---|---|---|
| Number of Equity Shares | 3,85,42,913 | 3,85,46,013 |
| Face Value per Share | ₹10 | ₹10 |
| Total Paid-up Capital | ₹38,54,29,130 | ₹38,54,60,130 |
ESOP Scheme B Exercise Details
The latest stock options were exercised under the Rishabh Instruments Limited Employee Stock Option Plan 2022 - Scheme B. The exercise terms for Scheme B differed from the earlier Scheme A allotment:
| Detail | Scheme B Specification | Scheme A (Previous) |
|---|---|---|
| Exercise Price per Share | ₹250 | ₹165 |
| Premium per Share | ₹240 | ₹155 |
| Date of Issue | March 23, 2026 | March 23, 2026 |
| Number of Shares Allotted | 3,100 | 45,565 |
| Distinctive Numbers | 38542914 to 38546013 | 38497349 to 38542913 |
Combined ESOP Impact
The company has now completed two ESOP allotments totaling 48,665 equity shares across both schemes. The cumulative impact shows:
| Metric | Combined Impact |
|---|---|
| Total ESOP Shares Allotted | 48,665 |
| Total Capital Increase | ₹4,86,650 |
| Final Share Capital | ₹38,54,60,130 |
| Final Share Count | 3,85,46,013 |
Regulatory Compliance and Documentation
Both allotments comply with SEBI regulations, including Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company filed the necessary disclosures with BSE Limited and National Stock Exchange of India Limited on January 17, 2024, with filing numbers BSE: 192999 and NSE: 39556.
The newly allotted equity shares under both schemes rank pari-passu with existing equity shares and are identical in all respects. No lock-in period applies to these shares. Company Secretary and Compliance Officer Ajinkya Joglekar executed the regulatory filings, ensuring complete compliance with applicable regulations.
Will the significant price difference between Scheme A (₹165) and Scheme B (₹250) exercise prices affect employee participation rates in future ESOP tranches?
How might the completion of these ESOP allotments impact Rishabh Instruments' earnings per share and overall market valuation in the coming quarters?
What percentage of the total ESOP pool has now been utilized, and when can investors expect the next round of employee stock option exercises?

































