Piccadily Agro Allots 2,092 Equity Shares Under ESOP Plan 2024
Piccadily Agro Industries Limited approved the allotment of 2,092 equity shares under its ESOP Plan 2024. The company's paid-up equity capital increased to ₹98,57,15,080 following the allotment. The Board Meeting took place on March 6, 2026.
The allotment of a small number of shares under an ESOP plan is a routine event and has a minimal impact on the company's overall capital structure and market valuation.
The announcement is a routine update regarding the allotment of shares under an employee stock option plan, which is a standard corporate action and does not significantly impact the company's financial performance or strategic outlook.
Piccadily Agro Industries Limited announced the outcome of its Board Meeting held on March 6, 2026. The Board approved the allotment of 2,092 equity shares of ₹10 each to eligible employees and grantees under the Piccadily Agro Employee Stock Option Plan 2024.
Following this allotment, the company's issued, subscribed, and paid-up equity capital has increased from ₹98,56,94,160 to ₹98,57,15,080. The Board Meeting commenced at 2:15 PM and concluded at 2:45 PM on March 6, 2026.
The details provided in Annexure A confirm the allotment of these equity shares, which are identical to existing shares and are listed on BSE Limited and NSE Limited. The filing date for the statement under Regulation 10(b) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, was November 13, 2024, for BSE Limited and February 2, 2026, for NSE Limited.
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Piccadily Agro Industries Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. 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 Piccadily Agro Industries Limited. Read the original for the full detail.