Zim Laboratories Limited has informed the Exchange regarding Allotment of 48726 Shares.
ZIMLAB · price
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Zim Laboratories Limited has allotted 48,726 equity shares of Rs. 10 each to an eligible employee of its subsidiary company. This allotment was made under the ZIM Laboratories Employee Stock Option Scheme (ESOS 2023), where the employee exercised vested stock options. The exercise price was Rs. 77.40 per share with a premium of Rs. 67.40 per share. Following this allotment, the company's paid-up equity share capital increased from Rs. 53,50,03,110 to Rs. 53,54,90,370. The new shares will carry the same rights as existing equity shares with no lock-in restrictions.
This is a routine ESOP exercise with minimal shareholder impact. The dilution is negligible at approximately 0.09%, and the shares rank pari-passu with existing shares. No significant impact on stock price expected.