Strides Pharma Science has informed that Management Committee of the Board of Directors of the Company in their meeting held today have allotted 7,500 equity shares of face value of Rs 10 each, to an eligible employee who has exercised the stock options under Strides ESOP 2016 Plan. These shares shall rank in pari passu with the existing equity shares of the Company in all respects. Consequent to above, the paid-up share capital of the Company has increased from Rs 89,78,27,140 consisting of 8,97,82,714 equity shares of Rs 10 each to Rs 89,79,02,140 consisting of 8,97,90,214 equity shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.