Polycab India Allots 2,300 Equity Shares Under Employee Stock Option Scheme 2018
Polycab India Limited's Finance and Operations Committee approved the allotment of 2,300 equity shares under Employee Stock Option Performance Scheme 2018 on February 09, 2026. The shares, with a face value of ₹10 each, were allocated to eligible employees who exercised their stock options. The company has notified both BSE and NSE about this corporate action, maintaining regulatory compliance and transparency in its employee equity participation program.
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Polycab India Limited has announced the allotment of equity shares under its Employee Stock Option Performance Scheme 2018. The Finance and Operations Committee of the company approved this corporate action during its meeting held on February 09, 2026.
Share Allotment Details
The committee has allotted a total of 2,300 equity shares to eligible employees who exercised their stock options under the scheme. The following table summarizes the key details of this allotment:
| Parameter: | Details |
|---|---|
| Total Shares Allotted: | 2,300 |
| Face Value per Share: | ₹10 |
| Scheme: | Employee Stock Option Performance Scheme 2018 |
| Approval Date: | February 09, 2026 |
| Approving Authority: | Finance and Operations Committee |
Employee Stock Option Scheme
The allotted shares were distributed among eligible employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018. This scheme represents the company's initiative to provide equity participation opportunities to its workforce, aligning employee interests with shareholder value creation.
Regulatory Compliance
Polycab India Limited has informed both the BSE Limited and National Stock Exchange of India Limited about this share allotment. The company maintains transparency in its corporate actions by promptly notifying the stock exchanges and ensuring proper record-keeping of such transactions.
The notification was signed by Manita Carmen A. Gonsalves, Vice President-Legal and Company Secretary, confirming the company's adherence to regulatory requirements and corporate governance standards.
Historical Stock Returns for Polycab
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.24% | -5.54% | -13.65% | -9.99% | +33.67% | +402.33% |
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