Allotment of Equity Shares on exercise of Stock Options pursuant to Employee Stock Option Scheme
Awaiting price reaction for this filing.
J.B. Chemicals & Pharmaceuticals (JBCHEPHARM) has allotted 85,390 fully paid-up equity shares of Re. 1 each to certain employees who exercised their stock options under the JBCPL Employee Stock Option Scheme, 2021. The company received Rs. 5,04,91,260 (about Rs. 5.05 crore) from this exercise. As a result, the total paid-up share capital has risen slightly from 15,59,73,534 equity shares to 15,60,58,924 equity shares. The allotment was approved by the Compensation Committee of the Board on June 11, 2025.
This is a routine, small ESOP allotment that causes negligible dilution (about 0.05% of share capital) and is unlikely to have any meaningful impact on the stock price. It simply reflects employees cashing in on previously granted stock options.