ALPHA TRIBE

Sai Life Sciences LimitedQIP/Rights/Pref., 23-04-2025: Allotment of Securities

23-04-2025 | 04:39 pm

Sai Life Sciences Limited has approved the allotment of 41,510 equity shares under its Management ESOP Plan 2018 at an exercise price of ₹127.30 per share, raising approximately ₹52.84 lakh. Additionally, 5,000 shares were allotted under the Employees Stock Option Plan 2008 at ₹188.90 each, generating about ₹9.45 lakh. The total issued share capital post-allotment stands at 20,846,089 shares. This initiative aims to incentivize and reward employees, enhancing retention and supporting the company’s growth strategy.

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