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Shree Refrigerations Limited has allotted 1,65,975 new equity shares at Rs. 2 each to employees who exercised options under its ESOP 2024 scheme. This issuance has increased the company's paid-up share capital from Rs. 7.13 crore to Rs. 7.16 crore. The exercise of these options generated Rs. 3.32 lakh for the company. This move expands the share base and aims to align employee incentives with company performance, a positive for long-term growth. The diluted earnings per share post-allotment stands at Rs. 5.04.