Indoco Remedies Limited — QIP/Rights/Pref., 21-01-2025: Allotment of Securities

The Nomination and Remuneration Committee has approved the allotment of 65,700 equity shares under the Indoco Remedies Limited Employee Stock Option Plan – 2022. The shares, with a face value of Rs. 2 each, will be allocated to the Indoco Employees Welfare Trust for eventual transfer to eligible employees upon the exercise of options and RSUs. Following this allotment, the company’s paid-up capital increases from Rs. 18.43 crore to Rs. 18.44 crore, consisting of 9,22,47,905 equity shares. The exercise price for 51,700 shares is set at Rs. 307, totaling approximately Rs. 15.87 crore.