Radico Khaitan allots equity shares under employee stock option scheme

Radico Khaitan (BSE: 532497) has approved the allotment of 43,851 equity shares, each with a par value of INR2, to eligible employees under its Employee Stock Option Scheme 2006. The decision was made via a circular resolution by the Nomination, Remuneration and Compensation Committee (NRCC). Post-allotment, the company's paid-up equity share capital will stand at 133,867,518 shares, aggregating to INR267,735,036. The shares were issued at exercise prices of INR928.05 (4,444 shares) and INR1015.37 (39,407 shares). The company is in the process of completing the necessary formalities for the issue and listing of these shares. These shares will rank pari passu with the existing equity shares of the company.