Allotment of 92,000 Equity Shares under ESOP Schemes of the Company.
SAILIFE · price
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Sai Life Sciences has allotted 92,000 fully paid-up equity shares of Re.1 each to employees upon exercise of stock options. Of these, 7,000 shares were allotted under the ESOP 2008 scheme at an exercise price of Rs. 188.90 per share, while 85,000 shares were allotted under the MESOP 2018 scheme at exercise prices of Rs. 127.30 (40,000 shares) and Rs. 23.30 (45,000 shares). The company realized a total of Rs. 74.62 lakh from the exercise of these options. The shares have been issued in dematerialized form with ISIN INE570L01029 and carry no lock-in restrictions. Following this allotment, the total issued share capital stands at 212,115,515 shares.
This is a routine ESOP exercise with minimal dilution impact of approximately 0.04% for existing shareholders. The company continues to use employee stock ownership as a talent retention and incentive tool, consistent with standard corporate practice.