PAKKA LIMITED — Important, 27-12-2024: General Updates

The Nomination and Remuneration Committee of Pakka Limited convened and allocated 1,28,300 equity shares to 94 eligible team members under the Pakka Team Stock Option Scheme, 2021 (TSOP 2021). The shares were issued at an exercise price of Rs. 118.13 for 1,22,300 shares and Rs. 82.21 for 6,000 shares. Post-issue, the total share capital stands at Rs. 44,94,81,000, with 4,49,48,100 equity shares now outstanding. This allocation aligns with the company’s strategy to incentivize and reward employee contributions, potentially enhancing retention and motivation within the workforce. Investors should monitor the long-term implications of such employee engagement initiatives as they may provide a positive outlook for the company's performance.