News Corporate Actions Polycab India Limited Allots 8,650 Equity Shares Under Employee Stock Option Scheme 2018Polycab India Limited Allots 8,650 Equity Shares Under Employee Stock Option Scheme 2018
Polycab India Limited allotted 8,650 equity shares of ₹10.00 face value each to eligible employees under the Employee Stock Option Performance Scheme 2018. The Finance and Operations Committee approved this allotment on January 12, 2026, representing successful exercise of stock options by qualifying employees. The company has notified both BSE and NSE about this corporate action, maintaining regulatory compliance and transparency in employee stock option implementation.
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Polycab India Limited has completed the allotment of equity shares to employees under its Employee Stock Option Performance Scheme 2018. The Finance and Operations Committee approved this corporate action during its meeting on January 12, 2026, demonstrating the company's commitment to employee participation in ownership.
Share Allotment Details
The allotment encompasses 8,650 equity shares distributed among eligible employees who exercised their stock options under the established scheme. The following table summarizes the key parameters of this allotment:
| Parameter: | Details |
|---|---|
| Total Shares Allotted: | 8,650 equity shares |
| Face Value per Share: | ₹10.00 |
| Allotment Date: | January 12, 2026 |
| Scheme: | Employee Stock Option Performance Scheme 2018 |
| Approving Authority: | Finance and Operations Committee |
Employee Stock Option Framework
The allotment represents the successful exercise of stock options by eligible employees under Polycab's Employee Stock Option Performance Scheme 2018. This scheme enables qualifying employees to acquire equity shares in the company, aligning their interests with long-term organizational performance and shareholder value creation.
Regulatory Compliance
Polycab India Limited has notified both the BSE Limited and National Stock Exchange of India Limited about this allotment, ensuring full compliance with listing requirements and regulatory frameworks. The company maintains transparency in its corporate actions through timely disclosure to relevant stock exchanges.
Corporate Information
Polycab India Limited operates with its registered office located at Unit 4, Plot No 105, Halol Vadodara Road, Village Narpura, Taluka Halol, Panchmahal, Gujarat. The company's corporate office is situated at The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai. The allotment was executed under the supervision of Vice President-Legal and Company Secretary Manita Carmen A. Gonsalves.
Historical Stock Returns for Polycab
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.15% | +8.64% | -1.78% | +10.08% | +26.27% | +493.08% |
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