Paradeep Phosphates has issued nearly 9.9 lakh new equity shares to eligible employees under its ESOP 2021. This strategic allotment expands the company's issued and paid-up equity share capital from approximately Rs. 815.35 crore to about Rs. 816.34 crore. This step reflects the ongoing commitment to employee incentives, as employees exercised stock options at various prices. Such moves are designed to align employee interests with the company's long-term success and growth for shareholders.