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EID Parry India LimitedOthers, 25-02-2025: ESOP/ESOS/ESPS

25-02-2025 | 05:48 pm

E.I.D. - Parry (India) Limited has announced a board meeting to approve the allotment of 1,12,735 equity shares following the exercise of options from its Employee Stock Option Plan 2016 (ESOP 2016). This increase raises the company's equity capital from Rs. 17,76,65,559 to Rs. 17,77,78,294, comprising 17,77,78,294 shares. The exercise prices for the shares range from Rs. 159.45 to Rs. 551.45. This development may boost employee morale and align their interests with shareholder value, presenting a positive outlook for investor sentiment amid ongoing operational growth.

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