Zaggle Prepaid Ocean Services Allots 6,478 Equity Shares Under ESOP Scheme
Zaggle Prepaid Ocean Services Limited allotted 6,478 equity shares under its Employee Stock Option Scheme 2022 on February 12, 2026. This allotment increases the company's paid-up share capital to ₹13,44,58,445. The new shares rank pari-passu with existing equity shares.
The allotment of a small number of shares under an existing ESOP scheme is a standard corporate action and is unlikely to have a material impact on the company's overall financial performance or stock price.
The announcement is a routine disclosure regarding the allotment of equity shares under an ESOP scheme and does not contain significant financial or strategic information that would impact the company's valuation or outlook.
Zaggle Prepaid Ocean Services Limited announced the outcome of its Board Meeting held on February 12, 2026. The Board approved the allotment of 6,478 equity shares of face value ₹1 each, fully paid-up, to eligible employees upon the exercise of vested options under the Zaggle Employee Stock Option Scheme 2022.
These newly allotted shares will rank pari-passu in all respects with the existing Equity Shares of the Company. The company has obtained in-principle approval from both BSE Limited and the National Stock Exchange of India Limited for this ESOP scheme.
Following this allotment, the company's issued, subscribed, and paid-up equity share capital has increased from ₹13,44,51,967 (13,44,51,967 equity shares) to ₹13,44,58,445 (13,44,58,445 equity shares), with each share having a face value of ₹1.
The Board meeting commenced at 2:30 PM IST and concluded at 3:45 PM IST.
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Zaggle Prepaid Ocean Services Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. 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 Zaggle Prepaid Ocean Services Limited. Read the original for the full detail.