Integra Engineering India Limited has reported a change in the shareholding of its Chief Executive Officer, Bhavin Kariya, following the allotment of equity shares under the company's Employee Stock Option Plan (ESOP). This development comes as part of the company's ongoing commitment to align employee interests with those of shareholders.

ESOP Allotment and Regulatory Compliance

The company, in adherence to the Securities and Exchange Board of India (SEBI) Insider Trading Regulations, submitted a disclosure to BSE Limited on July 30, 2025. This disclosure follows a previous intimation dated July 17, 2025, which had informed about the allotment of equity shares against the exercise of ESOPs.

Key Details of the Disclosure

Corporate Governance and Transparency

Ravi Thanki, the Company Secretary and Compliance Officer of Integra Engineering India Limited, communicated this information to BSE Limited. This prompt disclosure underscores the company's commitment to maintaining transparency and adhering to regulatory requirements.

About Integra Engineering India Limited

Integra Engineering India Limited, with its registered office in Chandrapura Village, Gujarat, operates in the engineering sector. The company continues to implement employee incentive programs like ESOPs to foster long-term employee engagement and align with shareholder interests.

While the specific number of shares allotted or the resulting change in Bhavin Kariya's shareholding percentage was not disclosed in the available information, such ESOP exercises typically aim to provide key employees with a stake in the company's future performance and growth.

Investors and market watchers may view this development as a positive sign, potentially indicating the management's confidence in the company's future prospects. However, as with all investment decisions, stakeholders are advised to conduct their own thorough research and analysis.

Integra Engineering India Limited (IEIL) has reported a change in the shareholding of its Chief Executive Officer, Bhavin Kariya, following the allotment of equity shares under the company's Employee Stock Option Plan (ESOP). This development comes as part of the company's ongoing commitment to align employee interests with those of shareholders.

ESOP Allotment and Disclosure

The company recently submitted a disclosure to BSE Limited in compliance with the Securities and Exchange Board of India (SEBI) Insider Trading Regulations. This disclosure follows a previous intimation dated July 17, 2025, which informed about the allotment of equity shares against the exercise of ESOPs.

Regulatory Compliance

Ravi Thanki, the Company Secretary and Compliance Officer of Integra Engineering India Limited, communicated the shareholding change information to BSE Limited. The disclosure was made pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Details of the Disclosure

The LODR (Listing Obligations and Disclosure Requirements) data reveals that the company filed the disclosure on July 30, 2025. The document, marked as IEIL/PIT/2025-26/2, provides formal notification of the change in Mr. Kariya's shareholding following the ESOP exercise.

Impact and Significance

While the exact number of shares allotted to CEO Bhavin Kariya has not been disclosed in the available information, the ESOP exercise represents a standard practice in corporate governance. It serves to incentivize key management personnel and align their interests with the company's long-term performance and shareholder value.

About Integra Engineering India Limited

Integra Engineering India Limited, with its registered office in Chandrapura Village, Gujarat, operates in the engineering sector. The company, listed on the BSE with the scrip code 505358, continues to maintain transparency in its operations through timely disclosures to regulatory authorities and shareholders.

This recent disclosure underscores IEIL's commitment to corporate governance and compliance with SEBI regulations, ensuring that shareholders and the market are promptly informed of significant changes in the shareholding patterns of key management personnel.