Stanley Lifestyles allots shares under employee stock option plan

Stanley Lifestyles announced the allotment of 18,505 equity shares to its employees under the Employee Stock Option Plan 2022. The decision was approved by the Nomination & Remuneration Committee on July 4, 2025. Following this allotment, the company's paid-up share capital has increased from INR 11,42,14,316 to INR 11,42,51,326, divided into 5,71,25,663 equity shares of INR 2 each. The newly issued shares will rank equally with the existing equity shares. The company is now in the process of obtaining listing and trading approvals for these shares from the National Stock Exchange of India and BSE Limited, after having already received in-principle approvals in December 2024.