Laurus Labs Limited has informed the Exchange regarding Allotment of 317038 Shares.
LAURUSLABS · price
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Laurus Labs has allotted a total of 3,17,038 equity shares (face value Rs.2) to eligible employees on May 30, 2025, under three ESOP tranches: 51,977 shares at Rs.350 each under ESOP 2016 (Grant-III), 2,63,811 shares at Rs.356 each under ESOP 2018 (Grant-II), and 1,250 shares at Rs.350 each under ESOP 2018 (Grant-III). The company collected roughly Rs.11.25 crore in total from employees exercising their stock options. After this allotment, the total paid-up share capital of the company stands at Rs.1,07,91,39,058, with 53,95,69,529 shares outstanding. Diluted EPS post-issue is reported at Rs.7.05. The newly issued shares carry no lock-in and are identical to existing equity shares.
This is a routine ESOP allotment resulting in marginal dilution for existing shareholders. The impact on stock price is negligible as the number of shares issued is small relative to the company's overall share base.