E.I.D. Parry allots shares under employee stock option plan

E.I.D. Parry (India) announced the allotment of 1,12,735 equity shares with a face value of Re.1 each, stemming from the exercise of options under its Employee Stock Option Plan 2016 (ESOP 2016). The Stakeholders Relationship Committee of the Board of Directors approved the allotment on February 25, 2025. This allotment increases the company's issued, subscribed, and paid-up equity share capital from Rs. 17,76,65,559 to Rs. 17,77,78,294, comprising 17,77,78,294 equity shares. The company has confirmed that the shares are identical to existing shares and has provided details as required under SEBI regulations. Key allottees included Mr. Srinivasan Suresh, Mr. Biswa Mohan Rath, and Mr. Baburaj L K, with varying numbers of shares allotted to each at different exercise prices.