Announced Fri, 10 Jul · 19:01 IST
Sai Life Sciences allots 8,900 shares under ESOP 2008
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SAILIFE · price
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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1264.00
prior close
₹1269.00
base price
After-mkt
timing
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+1.1+1.3+0.4-0.2+0.8+0.1+2.1+0.7+2.5-1.0————
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AI summary
Sai Life Sciences has allotted 8,900 equity shares of Re.1 each under its ESOP 2008 employee stock option plan on 10 July 2026. Shares were issued at Rs.188.90 per share (premium of Rs.187.90), bringing in about Rs.16.81 lakhs. Total issued share capital now stands at 21,22,94,916 shares. The issue is a part of routine ESOP exercises with no lock-in period.
Likely market impact
Routine ESOP allotment. Minimal dilution of around 0.004 percent. No material impact on share price or shareholder value.