Strides Arcolab has informed that the company has allotted 30,400 fully paid equity shares of Rs 10 each on conversion of employee stock options under Strides Arcolab ESOP Schemes. Consequent to the above allotment, the paid-up equity share capital of the Company has increased from Rs 584,711,710 consisting of 58,471,171 equity shares of Rs 10 each to Rs 585,015,710 consisting of 58,501,571 equity shares of Rs 10 each.
The above information is part of company’s filing submitted to the BSE.