WANBURYNSEWanbury Limited· PharmaceuticalsLowNeutral
Announced Mon, 23 Jun · 18:09 IST

Wanbury Limited has informed the Exchange regarding Board meeting held on Jun 23, 2025.

Board & Shareholder Meetings View source PDF

WANBURY · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Wanbury Limited's board, which met on June 23, 2025, approved two employee stock option-related actions. First, it granted 2,74,000 new stock options to eligible employees under the WANBURY ESOP 2016 plan at an exercise price of Rs. 10 per share, with vesting spread over 1-3 years (split 40% loyalty-based and 60% performance-based). Second, it allotted 1,06,500 equity shares to employees who exercised previously vested options originally granted on January 24, 2024. As a result, the company's paid-up share capital will rise from Rs. 32.77 crore (3,27,70,498 shares) to Rs. 32.88 crore (3,28,76,998 shares), each with a face value of Rs. 10. The company received Rs. 10,65,000 from the exercised options, and the diluted EPS works out to Rs. 8.98. The new shares carry no lock-in restrictions.

Likely market impact

This is a routine ESOP allotment with negligible dilution (~0.32% increase in share count) and very small capital raised (Rs. 10.65 lakh). It reflects the company using employee incentives for retention and performance alignment, with no material impact on shareholders or stock price expected.