J.B. Chemicals allots equity shares under stock option scheme

J.B. Chemicals & Pharmaceuticals announced today the allotment of 65,686 fully paid-up equity shares of Re. 1 each to certain employees. The shares were issued as part of the JBCPL Employee Stock Option Scheme, 2021, following the exercise of granted stock options. The allotment, effective May 5, 2025, resulted in the company realizing INR 25,761,600 from the exercise of the said options. Consequently, the issued, subscribed, and paid-up capital of J.B. Chemicals & Pharmaceuticals has increased from 15,56,77,208 equity shares to 15,57,42,894 equity shares of Re. 1 each. This announcement complies with Regulation 30 of the Securities and Exchange Board of India (Listing Regulations and Disclosure Requirements) Regulations, 2015. The company has requested the exchange to take the information on record.