Sapphire Foods India Limited — QIP/Rights/Pref., 09-12-2024: Allotment of Securities

Sapphire Foods India Limited has allotted 1,61,460 equity shares of face value Rs. 2 each, fully paid up, following the exercise of stock options by eligible employees under the existing ESOP Plan. This allotment increases the company's issued, subscribed, and paid-up capital to Rs. 64.12 crore, divided into 32.06 crore equity shares of Rs. 2 each. The move reflects the company's commitment to incentivize and reward its employees, while also enhancing employee participation in the company's growth.