Keystone Realtors Limited , operating under the brand name Rustomjee, has taken a significant step in enhancing employee engagement by allotting 26,091 new equity shares under its Employee Stock Option Plan (ESOP) 2022. This move, approved by the company's Stakeholders Relationship Committee, underscores the real estate developer's commitment to aligning employee interests with company growth.

Key Details of the Allotment

Implications of the Allotment

The newly allotted shares will carry equal rights as the existing equity shares of Keystone Realtors. This parity ensures that employees receiving these shares through the ESOP scheme have the same standing as other shareholders, potentially boosting their sense of ownership and commitment to the company's success.

Market Presence

Keystone Realtors maintains a presence in the Indian stock market:

Corporate Governance

The company's prompt disclosure of this allotment to the stock exchanges demonstrates its commitment to transparency and compliance with regulatory requirements. Such practices are crucial for maintaining investor trust and ensuring good corporate governance.

This strategic move by Keystone Realtors to expand its employee stock ownership aligns with modern corporate practices aimed at fostering a culture of shared success between the company and its workforce. As the real estate sector continues to evolve, such initiatives may play a crucial role in attracting and retaining talent while potentially driving long-term value for all stakeholders.

Keystone Realtors Limited , the company behind the Rustomjee brand, is set to witness a significant change in its shareholding structure as three of its promoters prepare to sell a portion of their stake through an Offer for Sale (OFS) mechanism.

OFS Details

The OFS, scheduled for October 15-16, 2025, will see the promoters offering up to 45,76,000 equity shares, representing 3.63% of the company's total equity share capital. The floor price for the offer has been set at ₹550.00 per share.

Here's a breakdown of the shares being offered by each promoter:

Offer Structure and Timeline

The OFS will be conducted over two trading days:

• October 15, 2025 (T day): Only non-retail investors can place bids.
• October 16, 2025 (T+1 day): Open for retail investors and non-retail investors who choose to carry forward their unallotted bids from T day.

A minimum of 25% of the offer shares will be reserved for mutual funds and insurance companies, subject to valid bids at or above the floor price. Additionally, at least 10% of the offer shares will be reserved for retail investors.

Purpose of the OFS

The primary objective of this OFS is to achieve the minimum public shareholding requirements as mandated by regulatory authorities. This move aligns with the Securities and Exchange Board of India (SEBI) regulations, which require listed companies to maintain a minimum public shareholding of 25%.

Participation and Settlement

Non-institutional investors bidding in the non-retail category are required to deposit 100% of the bid value upfront. Retail investors can place bids at the cut-off price or enter a specific price bid. The settlement for non-retail investors will occur on T+1 day, while for retail investors, it will follow existing rules for secondary market transactions.

Market Impact

This OFS presents an opportunity for investors to acquire shares in Keystone Realtors, a prominent player in the real estate sector known for its Rustomjee brand. The outcome of this offer could potentially impact the company's stock price and liquidity in the short term.

Investors and market participants are advised to carefully consider the terms of the OFS and conduct their due diligence before participating. As always, it's crucial to be aware of the risks associated with equity investments and to make informed decisions based on individual financial goals and risk tolerance.