The Premier Energies LTD announced the allocation of 22,20,000 fully paid equity shares of ₹ 1 each to the PEL ESOP Trust under its Employee Stock Option Plan (ESOP) scheme on 26 July 2025. With this allocation, the company’s paid stock has increased from ₹ 45,07,74,368 to ₹ 45,29,94,368.
| Details | Acquaintance |
|---|---|
| Type of security | ₹ 1 equity share of each |
| Type of issue | ESop allocation |
| Number of allotted shares | 22,20,000 |
| Allocation date | 26 July, 2025 |
| Exercise price per share | ₹21.29 |
| Premium per share | ₹20.29 |
| Total shares continue after allotment | 45,29,94,368 equity shares |
| Total share capital after allotment | ₹45,29,94,368 |
| ISIN | INE0BS701011 |
Details of allocation and eSop scheme
Equity shares allotted to the ESOP Trust will be transferred to the eligible employees or will be kept for their benefits if they use the options given to them before the initial public offering (IPO). This allocation has been made according to Premier Energies LTD – Employee Stock Option Plan, 2021.
Impact on share capital
As a result of this allocation, the company’s paid stock capital has increased. The new total figure ₹ 1 each has 45,29,94,368 equity shares, which is ₹ 45,29,94,368.
Regulatory revelations
The company has made expected revelations under SEBI (share -based Employee Benefits and Sweat Equity) Regulations, 2021 Regulation 10 (C) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 under Regulations 30.
Additional information
The shares allotted to the ESOP Trust will be at the same level with the company’s existing shares, as per the applied laws. The company received ‘theoretical’ listing approval for 69,87,210 equity shares from BSE and NSE.