Jagsonpal Pharmaceuticals Limited — Important, 17-02-2025: General Updates

The Nomination and Remuneration Committee at Jagsonpal Pharmaceuticals Limited has allotted 22,150 equity shares of Rs. 2 each under the Employee Stock Option Plan, 2022. Following this issuance, the company's paid-up share capital has risen from Rs. 13,27,29,810 to Rs. 13,27,74,112. This adjustment reflects an increase in total issued shares to 6,63,87,056. The shares issued are tied to options exercised by eligible employees, with exercise prices set at Rs. 94 for 6,000 shares and Rs. 113.6 for 16,150 shares, indicating a premium ranging from Rs. 92 to Rs. 111.6. This development highlights the company's ongoing commitment to incentivize its workforce while enhancing shareholder value.