ESOP allotments and grants; 30,190 shares issued, up to 1.97 crore options granted
COHANCE · price
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Cohance Lifesciences allotted 30,190 equity shares at INR 268.18 to employees who exercised vested options under ESOP 2023. The Nomination and Remuneration Committee also approved the new ESOP 2026 scheme with up to 1,97,48,317 stock options at a minimum exercise price of INR 325, plus 1,74,843 options under ESOP 2023 at INR 495. Separately, 1,87,703 options granted in March 2026 and up to 17,90,532 voluntarily surrendered options were cancelled. Total issued shares after this allotment stand at 38,25,97,330.
Minor immediate dilution from 30,190 shares. New ESOP 2026 plan may issue up to 1.97 crore shares over time, aligning employees with shareholders.