StockWatch
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2/3 Wheelers
ESOP22 May 2026, 05:22 pm

Eicher Motors Allots 183,326 Equity Shares Under ESOP

AI Summary

Eicher Motors Ltd has announced the allotment of 183,326 equity shares with a face value of Re. 1 each to employees exercising stock options under the Employees Stock Option Plan 2006 and Restricted Stock Units Plan 2019. The decision was made during a Board of Directors meeting held on May 22, 2026, which commenced at 11:00 a.m. and concluded at 3:40 p.m. This allotment is in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Key Highlights

  • Eicher Motors allots 183,326 equity shares to employees.
  • Shares allotted under ESOP 2006 and Restricted Stock Units Plan 2019.
  • Face value of allotted shares is Re. 1 each.
  • Allotment approved at Board meeting on May 22, 2026.