News ArticleStrides Pharma Science Allots 7,500 Shares to Employee Under ESOP Plan, Boosting Paid-up Capital
Paid-up equity capital rises from Rs. 921,727,140 to Rs. 921,802,140 after board meeting on October 29, 2026
Strides Pharma Science Limited has allotted 7,500 equity shares to an eligible employee under its ESOP 2016 Plan, raising its paid-up share capital from Rs. 921,727,140 to Rs. 921,802,140. Each share has a face value of Rs. 10. The new shares rank equally with existing shares, reflecting the company's ongoing employee stock option scheme.
Strides Pharma Science Limited
Corporate Action
Strides Pharma Science Limited has allotted 7,500 equity shares of Rs. 10 each to an eligible employee exercising stock options under its 2016 ESOP Plan, increasing its paid-up share capital.
The company’s paid-up share capital rose from Rs. 921,727,140, consisting of 92,172,714 equity shares, to Rs. 921,802,140 with 92,180,214 equity shares after this allotment.
The allotted shares rank pari passu with the existing equity shares in all respects, maintaining shareholder equality.
The board meeting approving this allotment commenced at 16:45 IST and concluded at 18:15 IST on October 29, 2026.
Details of this allotment will be made available on the company website www.strides.com for public reference.
Highlights
- 7,500 equity shares allotted under Strides ESOP 2016 Plan
- Each share has a face value of Rs. 10
- Paid-up share capital increased to Rs. 921,802,140
- Total equity shares now 92,180,214
- Board meeting held on October 29, 2026 from 16:45 to 18:15 IST
Key Data Snapshot
What happened
- Strides Pharma Science allotted 7,500 equity shares to an employee exercising stock options under the 2016 ESOP Plan.
- This allotment increases the paid-up share capital from Rs. 921,727,140 to Rs. 921,802,140.
- The newly allotted shares rank equally with existing shares in all respects.
Key details
- Each equity share has a face value of Rs. 10.
- Before allotment, the company had 92,172,714 equity shares.
- After allotment, total shares outstanding are 92,180,214.
- The board meeting that approved the allotment started at 16:45 IST and ended at 18:15 IST on October 29, 2026.
Regulatory and governance context
- The allotment was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Information related to the allotment will be published on the Company’s website for transparency.
Highlights
- 7,500 equity shares allotted under Strides ESOP 2016 Plan
- Each share has a face value of Rs. 10
- Paid-up share capital increased to Rs. 921,802,140
- Total equity shares now 92,180,214
- Board meeting held on October 29, 2026 from 16:45 to 18:15 IST
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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