StockWatch
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2/3 Wheelers
ESOP29 Jul 2026, 05:51 pm

Eicher Motors Allots 24,176 Shares Under ESOPs

AI Summary

Eicher Motors Limited announced the allotment of 24,176 equity shares of face value Re. 1 each. This allotment is to individuals who exercised their stock options under the Employees Stock Option Plan, 2006 and the Restricted Stock Units Plan, 2019. The decision was made by the Board of Directors during their meeting held on July 29, 2026. The board meeting commenced at 2:05 p.m. and concluded at 5:15 p.m. This action is in compliance with SEBI (LODR) Regulations, 2015.

Key Highlights

  • Eicher Motors allotted 24,176 equity shares.
  • Shares were issued under ESOP and RSUs.
  • Allotment approved by the Board of Directors.
  • Action complies with SEBI LODR Regulations.