Bajel Projects Allots 22,050 Equity Shares on ESOP Exercise
Bajel Projects Limited allotted 22,050 equity shares of Rs. 2 each to 18 employees under its ESOP Scheme 2023. The company's paid-up capital now stands at Rs. 23,14,37,970/-, comprising 11,57,18,985 equity shares.
The allotment of a small number of shares to employees under an existing ESOP scheme is a standard corporate action and is unlikely to have a material impact on the company's market capitalization or stock price.
The announcement is a routine ESOP allotment and does not significantly impact the company's financial standing or future prospects.
Bajel Projects Limited has announced the allotment of 22,050 equity shares of Rs. 2 each. This allotment is in favor of 18 employees who were granted stock options under the Bajel’s Special Purpose ESOP Scheme 2023.
The Stakeholders’ Relationship Committee approved this allotment at its meeting held on September 29, 2026.
Following this allotment, the company's issued, subscribed, and paid-up capital will consist of 11,57,18,985 equity shares of Rs. 2 each, amounting to Rs. 23,14,37,970/-, fully paid-up. The new equity shares issued will rank pari passu with the existing equity shares.
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Bajel Projects Limited filed this with the NSE as a statutory disclosure, categorised under designated person disclosures. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Bajel Projects Limited. Read the original for the full detail.