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Devyani International issues shares under employee stock option scheme

September 25, 2025 at 07:03 PM UTCBy FilingReader AI

Devyani International Limited's share allotment committee approved the allotment of 935,000 equity shares, each with a face value of Re. 1, on September 25, 2025. This action was taken as part of the Employees Stock Option Scheme 2021 (ESOP 2021), fulfilling options exercised by eligible grantees.

This allotment resulted in an increase in the company's total issued and paid-up share capital from 1,23,19,37,291 equity shares to 1,23,28,72,291 equity shares of Re. 1 each. The exercise price per share for these allotted shares was Rs. 43.328, with a premium per share of Rs. 42.328.

All new equity shares allotted are designed to rank pari-passu with the company's existing equity shares, ensuring equal rights and privileges. The company confirmed there are no lock-in periods or associated listing fees for these newly issued shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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