Patanjali Foods Limited has informed the Exchange about Intimation of allotment of 4,400 equity shares of face value of Rs. 2/- each pursuant to exercise of options under PFL Employee Stock Option Plan 2023.
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Patanjali Foods Limited has allotted 4,400 equity shares of Rs. 2/- face value each to eligible employees who exercised their stock options under the PFL ESOP 2023. The exercise price was Rs. 420.75 per share, with a premium of Rs. 418.75 per share. Following this allotment, the company's paid-up equity share capital increased marginally from Rs. 217.62 crore to Rs. 217.62 crore, with total shares rising from 108.81 crore to 108.81 crore. The new shares will rank pari passu with existing shares in all respects. This is a routine ESOP compliance filing under SEBI (SBEB) Regulations, 2021.
This is a minimal dilution of approximately 0.004% and is not expected to have any material impact on the stock price or existing shareholders. Such routine ESOP allotments are standard corporate actions and do not signal any major corporate development.