Pidilite Industries allots shares under employee stock option plan

Pidilite Industries Limited's ESOP Allotment Committee-2016, at its meeting on September 1, 2025, approved the allotment of 186,431 equity shares. These shares, each with a face value of Re.1, were issued for cash at par as part of the ESOP-2016 Scheme.

Additionally, 1,500 equity shares, also with a face value of Re.1, were allotted to eligible employees who exercised their stock options under ESOP-2016. The exercise price for these shares was Rs. 2,390.75 per share. All new shares will rank pari passu with existing equity shares of the company.

Following these allotments, the company's total share capital has increased from Re. 50,86,69,085 to Re. 50,88,57,016. This move aligns with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance and transparent reporting of the capital adjustment.