Strides Pharma Science has informed that the management Committee of Board of Directors of the Company in their meeting held today have allotted 2,04,500 equity shares of face value of Rs 10 each to the eligible employees who have exercised their stock options under Strides ESOP 2016 Plan. These shares shall rank 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. 91,95,82,140 consisting of 9,19,58,214 equity shares of Rs 10 each to 92,16,27,140 consisting of 9,21,62,714 equity shares of Rs 10 each. Management Committee Meeting commenced at 11:00 hrs IST and concluded at 11:30 hrs IST.
The above information is a part of company’s filings submitted to BSE.
