StockWatch
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Consumer Electronics
ESOP22 May 2026, 04:16 pm

Havells Allots 3,04,810 Shares Under ESOP Schemes

AI Summary

Havells India Ltd has allotted 3,04,810 equity shares following the exercise of employee stock purchase plans for the financial year 2025-26. The shares were allotted under the Havells Employees Stock Purchase Plan 2014, Scheme 2015, and Scheme 2016. The Share Allotment and Transfer Committee approved the allotment in a meeting held today. The company stated that the dilution in EPS due to this issuance is negligible.

Key Highlights

  • Havells allots 3,04,810 equity shares under ESOP schemes.
  • Shares allotted under ESPS 2014, ESPS 2015, and ESPS 2016.
  • Allotment approved by Share Allotment and Transfer Committee.
  • Exercise completed by eligible employees for FY 2025-26.
  • Company states EPS dilution is negligible due to the issuance.