Patanjali Foods Limited — Important, 13-03-2025: General Updates
13-03-2025 · 03:12 pm
The Nomination and Remuneration Committee of Patanjali Foods Limited has approved the allotment of 1,82,671 equity shares of face value Rs. 2/- each to eligible employees under the PFL Employee Stock Option Plan 2023. This allotment increases the company's issued and paid-up equity share capital to Rs. 72,43,55,048, comprising 36,21,77,524 shares. The newly allotted shares will rank identical to existing shares in all respects, including dividend rights. This action could positively impact employee retention and incentivize performance, enhancing overall company growth prospects. Investors should watch closely for any subsequent effects on market perception and share value as the company's equity structure evolves.
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