Eris Lifesciences Limited has informed the Exchange regarding Allotment of 24369 Shares.
ERIS · price
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Eris Lifesciences has allotted 24,396 equity shares to employees who exercised options under the ESOP-2021 Scheme. The allotment was done across three grant years: 6,415 shares (2022 grant) at Rs. 557.24, 8,281 shares (2023 grant) at Rs. 510.32, and 9,673 shares (2024 grant) at Rs. 728.16 per share. The paid-up share capital increased from Rs. 13,85,42,887 to Rs. 13,85,67,256, reflecting the addition of 24,396 shares of Rs. 1 each. This is a routine ESOP exercise by employees.
The allotment causes minimal dilution of approximately 0.018% to existing shareholders, which is negligible. This is a standard employee compensation event and has no material impact on the stock price or shareholder value.