Sona BLW Precision Forgings has announced the allotment of 10,700 equity shares under its Employee Stock Option Plan (ESOP) 2023. The Nomination and Remuneration Committee approved this allotment on 30th April 2026, allowing certain eligible employees to exercise their vested options.
The newly allotted shares, each with a face value of ₹10, are fully paid-up and will rank pari passu with the existing equity shares of the company, including dividend entitlement. This allotment has resulted in an increase in the company’s issued and paid-up equity share capital.
Following this allotment, the equity share capital of Sona BLW Precision Forgings has risen from ₹6,21,84,68,900, comprising 62,18,46,890 equity shares, to ₹6,21,85,75,900, comprising 62,18,57,590 equity shares, each with a face value of ₹10.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).