Mankind Pharma Limited has informed the Exchange regarding Allotment of 80872 Shares.
MANKIND · price
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Mankind Pharma's Nomination and Remuneration Committee allotted 80,872 equity shares of ₹1/- each to an eligible employee who exercised their options under the ESOP Plan 2022. The shares were issued at exercise prices of ₹860 per share for 73,372 shares and ₹1,600 per share for 7,500 shares. Following this allotment, the company's paid-up share capital increased from 41,28,28,328 to 41,29,09,200 equity shares. The new shares rank pari-passu with existing equity shares and carry no lock-in restrictions.
Minimal direct impact on stock price as this is a routine ESOP exercise by a single employee. The dilution is negligible at 0.02% of total shares.