SAILIFENSESai Life Sciences LimitedLowNeutral
Announced Tue, 24 Mar · 13:00 IST

Sai Life Sciences Limited has informed the Exchange regarding Allotment of 11,100 Equity Shares under ESOP 2008 Scheme of the Company.

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₹981.00
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AI summary

Sai Life Sciences has allotted 11,100 equity shares of Re. 1 each to employees who exercised their stock options under the company's ESOP 2008 scheme. The allotment was done on 24 March 2026 via a circular resolution at an exercise price of Rs. 188.90 per share, bringing in roughly Rs. 20.97 lakh to the company. After this allotment, the total issued share capital stands at 21,17,79,234 equity shares. The shares have been issued in dematerialized form and there is no lock-in period applicable.

Likely market impact

This is a very small ESOP allotment — 11,100 shares represent about 0.005% of total issued capital, so dilution impact is negligible. It is a routine exercise of employee stock options and unlikely to move the stock price, though it reflects ongoing employee participation in the company's equity plans.