Tube Investments of India Limited (TIINDIA) — Corporate Action Announcement
📢 Key Event
Allotment of 9,420 equity shares under ESOP 2017
🔄 What Changed
Outstanding shares increased by 9,420; paid-up capital increased by ₹9,420
💡 Investor Takeaway
Share dilution occurs as new shares are issued to employees.
Tube Investments of India announced the allotment of 9,420 equity shares of Re.1 each to eligible employees under the Employee Stock Option Plan 2017, exercised at a price of ₹1,471.90 per share. This increased the total outstanding shares from 19,35,52,869 to 19,35,62,289 and raised paid-up capital from ₹19,35,52,869 to ₹19,35,62,289. The allotment was made on 20th May 2026.
📄 View Original Announcement (PDF)
About Tube Investments of India Limited (TIINDIA)
Automobile and Auto Components · Auto Components · Listed on NSE
Market Cap: ₹55,168.37 Cr
P/E: 47.4
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.