S. P. Apparels Limited — Important, 02-03-2026: Committee Meeting Updates

SP Apparels has allotted 46,283 new equity shares under its ESOP 2024. These fully paid-up shares were issued at an exercise price of Rs. 250 each, consisting of a Rs. 10 face value and a Rs. 240 premium. This exercise has raised approximately Rs. 1.16 Cr for the company. Post-allotment, the total issued shares now amount to 2.51 crore. This move expands the company's equity base, provides a capital infusion, and further aligns employee interests with shareholder value.