Northern Arc Capital Allots 12,500 Equity Shares Under ESOP Plan
Northern Arc Capital approved the allotment of 12,500 equity shares under its ESOP Plan 2016. The allotment increases the company's paid-up equity share capital to ₹161,66,38,750.
The allotment of a small number of shares under an employee stock option plan is a standard practice and has a minimal impact on the company's overall share capital and market valuation.
The allotment of shares under an ESOP plan is a routine corporate action that does not significantly impact the company's financial performance or market position in a positive or negative way.
Northern Arc Capital Limited announced the allotment of 12,500 equity shares of face value ₹10 each to eligible employees who exercised their options under the Northern Arc Capital ESOP Plan 2016 and associated schemes. The Board of Directors approved this allotment via a circular resolution dated August 31, 2026.
The newly allotted equity shares are fully paid up and will carry the same rights as existing equity shares of the company. Northern Arc Capital will apply for listing and trading approval for these shares from both BSE Limited and the National Stock Exchange of India Limited.
Following this allotment, the company's paid-up equity share capital has increased from ₹161,65,13,750 (representing 16,16,51,375 shares of ₹10 each) to ₹161,66,38,750 (representing 16,16,63,875 shares of ₹10 each). This disclosure is also available on the company's website.
A plain-language summary of a public exchange filing by Northern Arc Capital Limited. Read the original for the full detail.