In compliance with the provisions of regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), Regulations, 2015, we hereby notify that the Operations and Administrative Committee ....
CIPLA · price
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Cipla's Operations and Administrative Committee has allotted 17,915 fully paid-up equity shares of INR 2 each to employees who exercised their stock options or stock appreciation rights under the company's Employee Stock Option Scheme 2013-A and the Cipla Employee Stock Appreciation Rights Scheme 2021. Following this allotment, the company's total issued and paid-up share capital stands at INR 1,61,56,01,092 divided into 80,78,00,546 equity shares. This is a routine corporate action related to employee compensation through equity-based plans.
The allotment represents a marginal dilution of approximately 0.002% to existing shareholders. This is a normal course disclosure with negligible impact on the company's valuation or stock price.