Please find enclosed intimation of Allotment of 13,600 Equity Shares under ESOP Scheme-2022
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Pearl Global Industries Limited has allotted 13,600 equity shares of Rs. 5 face value each to eligible employees who exercised their vested stock options under the company's Employee Stock Option Plan 2022. The allotment was completed on May 8, 2026. Exercise prices ranged from Rs. 150 to Rs. 675 per share at various premium levels. The shares are not subject to any lock-in period and are identical to existing shares in all respects. Following this allotment, the total issued share capital stands at Rs. 23.08 crore across 4,61,59,617 shares.
This is a routine corporate action related to employee compensation through stock options. The dilution is minimal (0.03% increase in share capital) and has no significant impact on existing shareholders or stock price.