Banka BioLoo Limited has informed the Exchange regarding Allotment of 29575 Shares.
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Banka BioLoo Limited has allotted 29,575 equity shares of face value Rs. 10 each to employees who exercised their vested stock options under the Banka BioLoo Employee Stock Option Plan – 2023. The exercise price was Rs. 10 per share with no premium, and the new shares will rank equally with existing shares. As a result, the company's total issued and paid-up equity share capital has increased from Rs. 10.89 crore (1,08,92,857 shares) to Rs. 10.92 crore (1,09,22,432 shares). The allotment was approved by the Nomination and Remuneration Committee on 8 January 2026. This is a routine disclosure under SEBI's listing and share-based benefits regulations.
This is a minor, routine ESOP allotment representing about 0.27% dilution to existing shareholders. Negligible impact on share price or shareholder value; the issuance at par value is favorable as it does not raise equity capital costs for the company.