Sai Life Sciences Limited has informed the Exchange regarding Allotment of 92000 Shares under ESOP Schemes of the Company.
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Sai Life Sciences Limited has allotted 92,000 fully paid-up equity shares of Re.1 each to employees who exercised their stock options. Of these, 7,000 shares were allotted under ESOP 2008 at Rs. 188.90 per share and 85,000 shares under MESOP 2018 (40,000 at Rs. 127.30 and 45,000 at Rs. 23.30 per share). The company raised approximately Rs. 74.63 lakh from this exercise. The allotment was approved by the Board of Directors on May 14, 2026. After this issue, the total paid-up share capital stands at 21,21,15,515 shares. No lock-in applies to these newly allotted shares.
This is a routine employee stock option exercise resulting in minimal dilution of about 0.04% for existing shareholders. The impact on the stock price is negligible, though it reflects the company's ongoing employee retention efforts through equity-based compensation.