VA Tech Wabag Limited (WABAG) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
Board approved allotment of 39,113 equity shares under the 2023 stock option scheme.
🔄 What Changed
Paid-up capital increased to INR 12,47,09,552 from INR 12,46,31,326.
💡 Investor Takeaway
The issuance raises capital but dilutes existing shareholders' ownership.

The Board approved the allotment of 39,113 equity shares of INR 2 each under the WABAG Centenary Stock Option Scheme 2023, increasing paid-up capital to INR 12,47,09,552 from INR 12,46,31,326. The shares were issued on June 19, 2026, with an exercise price of INR 513 and premium of INR 511 per share.

📄 View Original Announcement (PDF)

About VA Tech Wabag Limited (WABAG)

Utilities · Other Utilities · Listed on NSE

Market Cap: ₹8,636.73 Cr P/E: 34.4

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

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