Anupam Rasayan board allots over 2.87 lakh equity shares under ESOP Scheme

21 Jan 2022 , 11:45 AM

Anupam Rasayan Ltd has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company on January 20, 2022, has approved the issue and allotment of 2,87,272 fully paid-up equity shares of face value of Rs10/- each under Anupam – Employees Stock Option Plan 2020 of Anupam Rasayan India Limited pursuant to exercise of Options by the eligible employees.

The equity shares so allotted under the Scheme shall rank pari-passu with the existing equity shares of the Company in all respects including dividend, said Company.

Further, the Company has obtained the necessary in-principle approvals from BSE and NSE in respect of total 13,12,795 equity shares (which forms the ESOP scheme size) which shall be issued by the Company from time to time on vesting and exercise of the same under the ESOP Scheme 2020.

Post allotment the issued, subscribed and paid up share capital of the Company shall stand increased from Rs99,92,23,910/- comprising of 9,99,22,391 equity shares of Rs10/- each fully paid up to Rs100,20,96,630/- comprising of 10,02,09,663 equity shares of Rs10/- each fully paid up.

At around 11:44 AM, Anupam Rasayan was trading at Rs1013.25 per piece higher by 0.32% on Sensex.