Pidilite Industries has informed that the ESOP Allotment Committee-2016 of the Board of Directors at its meeting held on 21st September, 2023 has, in accordance with the terms of ESOP-2016 Scheme, allotted 1,400 equity shares of face value of Re 1 each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock option under ESOP-2016. These shares shall rank pari passu, in all respects with the existing equity shares of the Company. After allotment of aforesaid equity shares, the share capital of the Company stands increased from 50,84,61,540 to 50,84,62,940.
The above information is a part of company’s filings submitted to BSE.
