Polycab India Limited (POLYCAB) — Corporate Action Announcement
📢 Key Event
Allotment of 23,450 equity shares under 2018 ESOP
🔄 What Changed
23,450 new shares issued to employees
💡 Investor Takeaway
Employees gain equity stakes, but no direct impact on retail shareholders' ownership or value.
Polycab India announced the allotment of 23,450 equity shares of ₹10 each to eligible employees who exercised options under the 2018 Employee Stock Option Performance Scheme, as approved by the Finance and Operations Committee on June 3, 2026.
📄 View Original Announcement (PDF)
About Polycab India Limited (POLYCAB)
Capital Goods · Industrial Products · Listed on NSE
Market Cap: ₹1,37,797.43 Cr
P/E: 74.8
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.