Allots 3,403 equity shares to employees under ESOP Scheme 2018
Polycab's Finance and Operations Committee allotted 3,403 equity shares (face value ₹10 each) on November 03, 2026 to employees who exercised options under its ESOP Scheme 2018.
By ScoutQuest · · 1 min read
- Shares Allotted
- 3,403 equity shares
- Face Value per Share
- ₹10
- Allotment Date
- November 03, 2026
- Scheme
- Polycab Employee Stock Option Performance Scheme 2018
What happened
Polycab's Finance and Operations Committee met on November 03, 2026 and allotted 3,403 equity shares to eligible employees.
- Face value: ₹10 per share
- Scheme: Polycab Employee Stock Option Performance Scheme 2018
- The shares went to employees who had exercised their options
What it means
An employee stock option (ESOP) lets staff buy company shares later, usually as a reward linked to performance. When employees exercise these options, the company issues new shares to them. New shares slightly increase the total share count. At 3,403 shares, this allotment is small, and such allotments are a regular feature at companies running ESOP schemes.
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More numbers
- Equity shares allotted3,403
- Face value per share₹10/-
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