News ArticlePiramal Finance Allots 6 Lakh Equity Shares to Employee ESOP Trust, Increasing Paid-Up Capital
The allotment under ESOP Scheme 2025 raises paid-up capital to Rs. 47,44,60,612 from Rs. 47,32,60,612 as of November 6, 2026
Piramal Finance Limited allotted 6,00,000 equity shares of Rs. 2 each to its Employee ESOP Trust under the Employees’ Stock Ownership Plan 2025, raising the company's paid-up capital to Rs. 47,44,60,612. These shares will be transferred to eligible employees upon option exercise as per the ESOP scheme.
Piramal Finance Limited
Preferential Issue
On November 6, 2026, Piramal Finance Limited allotted 6,00,000 equity shares with a face value of Rs. 2 each to its Employee ESOP Trust as part of its Employees’ Stock Ownership Plan 2025. This increased the company's paid-up share capital to Rs. 47,44,60,612.
The shares allotted to the ESOP Trust will be transferred to eligible employees upon their exercise of options under the ESOP Scheme, aligning incentives to employee performance.
Prior to this allotment, the company's paid-up share capital stood at Rs. 47,32,60,612 composed of 23,66,30,306 equity shares of Rs. 2 each. The allotment increased the total number of shares to 23,72,30,306.
The new equity shares rank pari passu with existing shares, and no lock-in period applies to these shares.
The share capital after this allotment totals Rs. 47,44,60,612 divided into 23,72,30,306 equity shares at Rs. 2 each, with some shares held in abeyance due to a past rights issue merger.
This allotment was conducted pursuant to the company's ESOP scheme and disclosed under applicable SEBI regulations.
Highlights
- 6,00,000 equity shares allotted to Employee ESOP Trust on Nov 6, 2026
- Paid-up share capital increased to Rs. 47,44,60,612 from Rs. 47,32,60,612
- Total equity shares outstanding now 23,72,30,306 shares of Rs. 2 each
- Shares to be transferred to eligible employees upon option exercise
- All shares rank pari passu with existing equity shares
Key Data Snapshot
What happened
- Piramal Finance Limited allotted 6,00,000 equity shares of Rs. 2 each to its Employee ESOP Trust on 6th November 2026 under the Employees’ Stock Ownership Plan 2025.
- This allotment increases the company's paid-up share capital from Rs. 47,32,60,612 to Rs. 47,44,60,612.
- The equity shares allotted will be transferred to eligible employees upon exercising their options under the ESOP Scheme.
Key details
- The paid-up capital now consists of 23,72,30,306 equity shares of Rs. 2 each, up from 23,66,30,306 shares before the allotment.
- All shares allotted to the ESOP Trust rank pari passu with existing shares of the company.
- No lock-in period applies to the allotted shares.
- The allotment was disclosed under SEBI's share-based employee benefits regulations as per Annexure A in the filing.
Regulatory and governance context
- The allotment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- The announcement includes filing numbers with BSE (255969) and NSE (52862) related to the ESOP scheme disclosures made earlier.
Highlights
- 6,00,000 equity shares allotted to Employee ESOP Trust on Nov 6, 2026
- Paid-up share capital increased to Rs. 47,44,60,612 from Rs. 47,32,60,612
- Total equity shares outstanding now 23,72,30,306 shares of Rs. 2 each
- Shares to be transferred to eligible employees upon option exercise
- All shares rank pari passu with existing equity shares
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
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