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The Compensation Committee of J.B. Chemicals & Pharmaceuticals has allotted 102,900 fully paid equity shares of Re. 1 each to employees following the exercise of stock options under the JBCPL Employee Stock Option Scheme, 2021. The total amount realized from this exercise is Rs. 4.59 crore (cr). Following this allotment, the company's issued and paid-up capital has increased from 15.54 crore (cr) equity shares to 15.55 crore (cr) equity shares. This development may enhance employee engagement and align interests, potentially contributing to a positive outlook for the company's growth trajectory.
All announcements from JB Chemicals & Pharmaceuticals Limited