Allotment of 10,150 Equity Shares under Employee Stock Option Scheme 2018

The company has allotted 10,150 equity shares of face value ₹10 each to eligible employees who exercised their options under the Polycab Employee Stock Option Performance Scheme 2018.

Tue 6 Oct 2026

Equity Shares Allotted

10,150

Face Value Per Share

₹10 each

Allotment Approval Date

October 06, 2026

What was announced

• The Finance and Operations Committee, at its meeting held on October 06, 2026, allotted in aggregate 10,150 equity shares of face value of ₹10 each.
• The shares were allotted to eligible employees who had exercised their options under the Polycab Employee Stock Option Performance Scheme 2018.

How an ESOP allotment works

Employee stock option schemes let employees buy company shares at a pre-set price after a waiting period. When an employee chooses to do so, it is called exercising the option, and the company issues fresh shares to that employee.

What it means for the share base

• 10,150 new equity shares of face value ₹10 each have been issued.
• These are newly created shares, so the total number of shares in issue goes up by this amount, with a matching addition to paid-up share capital at face value.
• The shares carry the same face value of ₹10 each as the company's existing equity shares.

Key figures to note

• Equity shares allotted: 10,150
• Face value per share: ₹10

What investors may keep in view

An ESOP allotment is a regular event for companies that run such schemes. It is a small, incremental addition to the share count rather than a large fund-raising exercise, and it settles an obligation the company had already committed to under its employee scheme. The announcement itself is an intimation of the completed allotment.

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