Laxmi Organic Industries Limited has informed the Exchange regarding Allotment of Shares under ESOP 2020 Scheme.
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Laxmi Organic Industries has allotted 81,368 equity shares under its Employee Stock Option Plan 2020 (ESOP-2020). The allotment was approved by the Nomination and Remuneration Committee on August 4, 2025, at face value of ₹2 per share (at par). These shares were issued to eligible employees who exercised their stock options. With this allotment, the total share capital has increased from 55,41,33,010 to 55,42,95,746 equity shares. The newly allotted shares carry equal rights as existing shares.
This is a routine ESOP allotment with a small number of shares (about 0.15% dilution), so the impact on existing shareholders is minimal. It signals normal employee compensation activity and slight equity dilution.