Ami Organics allots equity shares under employee stock option scheme

Ami Organics Limited, now operating as Acutaas Chemicals Limited, announced the allotment of 2,200 equity shares with a face value of INR 5 each to eligible employees. This allotment, approved by the board of directors on September 25, 2025, follows the exercise of options vested under the Ami Organics Employees' Stock Option Scheme 2023.

This exercise increases the company's paid-up share capital from INR 40,93,44,610 (8,18,68,922 equity shares) to INR 40,93,55,610 (8,18,71,122 equity shares). The options were originally granted at an exercise price of INR 100 per option, later adjusted to INR 50 per option due to a corporate action involving a split of the face value of equity shares. The total money realized from the exercise of these options is INR 1,10,000.

The newly allotted shares rank pari passu with existing shares and are part of the company’s efforts to recognize employee contributions. The options vested after one year from the grant date of December 08, 2024, and can be exercised over a two-year period from the vesting date.