Laxmi India Finance Limited (LAXMIINDIA) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
Allotment of 1,25,203 equity shares under ESOP Scheme-2023 approved by Nomination and Remuneration Committee.
🔄 What Changed
Paid-up capital increased from Rs. 26,13,39,375 to Rs. 26,19,65,390; equity shares outstanding rose from 5,22,67,875 to 5,23,93,078.
💡 Investor Takeaway
The capital increase through employee stock option exercises may dilute existing shareholders' stakes.

On May 26, 2026, Laxmi India Finance Limited approved the allotment of 1,25,203 equity shares of Rs. 5 each to eligible employees upon exercise of vested options under its ESOP Scheme-2023. This increased the paid-up capital from Rs. 26,13,39,375 to Rs. 26,19,65,390, reflecting a modest capital expansion through employee stock options.

📄 View Original Announcement (PDF)

About Laxmi India Finance Limited (LAXMIINDIA)

Financial Services · Finance · Listed on NSE

Market Cap: ₹724.8 Cr P/E: 13.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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