JM Financial Allots 28,200 Equity Shares Under Employee Stock Option Scheme Series 16
JM Financial Limited's Allotment Committee approved the allotment of 28,200 equity shares of face value ₹1 each to eligible employees under Employee Stock Option Scheme Series 16 on February 5, 2026. The allotment increases the company's paid-up equity share capital to ₹95,63,64,073, representing 95,63,64,073 equity shares. The company has notified both BSE and NSE about this development in compliance with regulatory requirements.
*this image is generated using AI for illustrative purposes only.
JM Financial Limited has announced the allotment of 28,200 equity shares to eligible employees under its Employee Stock Option Scheme (ESOP) Series 16. The Allotment Committee of the Board approved this allotment at its meeting held on February 5, 2026.
Share Allotment Details
The allotted shares carry a face value of ₹1 each and were issued pursuant to the exercise of stock options by eligible employees under the company's established ESOP framework.
| Parameter: | Details |
|---|---|
| ESOP Series: | Employee Stock Option Scheme – Series 16 |
| Shares Allotted: | 28,200 |
| Face Value per Share: | ₹1 |
| Meeting Date: | February 5, 2026 |
| Meeting Duration: | 2:15 p.m. to 2:30 p.m. |
Impact on Share Capital
Following the allotment of these equity shares, JM Financial Limited's paid-up equity share capital has been revised upward. The company's total paid-up equity share capital now stands at ₹95,63,64,073, representing 95,63,64,073 equity shares of face value ₹1 each.
Regulatory Compliance
The company has informed both BSE Limited and the National Stock Exchange of India Limited about this allotment through formal communication. The notification was signed by Hemant Pandya, Company Secretary & Compliance Officer, ensuring proper regulatory disclosure and record-keeping requirements are met.
This ESOP allotment reflects the company's commitment to employee participation in its growth through equity ownership, providing eligible employees with a stake in the organization's performance and future prospects.
Historical Stock Returns for JM Financial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.56% | -3.48% | -3.84% | -9.74% | -32.64% | +27.47% |
15
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
