J. B. Chemicals & Pharmaceuticals has informed that the Compensation Committee of the Board of Directors of the Company has, on December 20, 2022, allotted 3,500 fully paid-up equity shares of Rs 2 each of the Company, to certain employees on exercise of stock options granted to them pursuant to JBCPL Employee Stock Option Scheme, 2021. An amount of Rs 42,00,000 has been realised on exercise of 3,500 stock options. Consequently, the issued, subscribed and paid-up capital has increased from 7,73,54,187 equity shares of Rs 2 each to 7,73,57,687 equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.