NACL Industries Limited's Nomination and Remuneration Committee has approved the allotment of 2,21,665 equity shares, each with a face value of ₹1, to eligible grantees under its Employee Stock Option Scheme-2020 (ESOS-2020 Scheme). This allotment, made on July 11, 2025, will increase the company's total equity share capital from 20,12,03,148 shares to 20,14,24,812 equity shares. The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects.
| Particulars | Details |
|---|---|
| Company Name | NACL Industries Limited |
| Scheme Name | NACL Employee Stock Option Scheme-2020 (ESOS-2020) |
| Date of Allotment | July 11, 2025 |
| Number of Shares Allotted | 2,21,665 equity shares |
| Face Value per Share | ₹1 |
| Weighted Average Exercise Price | ₹67.42 per share |
| Premium per Share | ₹66.42 per share |
| Equity Share Capital Before Allotment | 20,12,03,148 equity shares |
| Equity Share Capital After Allotment | 20,14,24,812 equity shares |
| ISIN | INE295D01020 |
Action Details
The allotment follows the exercise of 2,21,665 vested options by employees under the ESOS-2020 Scheme. This move is part of the company's strategy to incentivize and retain its workforce by offering them a stake in the company's growth. The Nomination and Remuneration Committee, responsible for overseeing such schemes, formally approved this allotment in its meeting held on Friday, July 11, 2025. The company also noted the closure of its Employee Stock Option Scheme-2015, indicating a transition or completion of that particular scheme.
Capital Structure Impact
The issuance of these new equity shares has a direct impact on NACL Industries' capital structure. The total number of equity shares outstanding has increased by 2,21,665, leading to a revised total of 20,14,24,812 equity shares of ₹1 each. This expansion of the equity base reflects the company's commitment to its employee benefit programs. Importantly, the newly issued shares are fully equivalent to the existing shares, meaning they carry the same rights and privileges, including voting rights and eligibility for dividends.
Financial Implications
The exercise price for the allotted shares varied among grantees, ranging from ₹64 to ₹82 per share. The weighted average exercise price for this allotment stands at ₹67.42 per share. Given the face value of ₹1 per share, this implies a premium of ₹66.42 per share. This premium contributes to the company's share premium account, strengthening its reserves. Employee Stock Option Plans (ESOPs) are a common tool used by companies to align employee interests with shareholder interests, fostering a sense of ownership and encouraging long-term commitment.
Regulatory Compliance
NACL Industries Limited has ensured that the allotment adheres to the regulatory framework set by the Securities and Exchange Board of India (SEBI). The company's announcement is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Furthermore, the details provided in Annexure A of the official communication are in accordance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring transparency and proper disclosure of the ESOP-related activities. The shares are listed on both BSE Limited and the National Stock Exchange of India Limited (NSE).
