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Belrise Industries informs about allotment under ESOP

18 Jul 2026 Evaluate
Belrise Industries has informed that the QIP Committee of the Board (the QIP Committee) has, at its meeting held on July 17, 2026 approved the issue and allotment of 7,72,72,727 Equity Shares to eligible qualified institutional buyers (QIBs) at an issue price of Rs 220.00 per Equity Share (including a premium of Rs 215 per Equity Share), which includes a discount of 4.68% of the floor price of ?230.79 per Equity Share, as determined in terms of the SEBI ICDR Regulations), aggregating to Rs 17,000 million, pursuant to the Issue. The Issue opened on July 14, 2026 and closed on July 17, 2026 and the same was intimated to you through our letters dated July 14, 2026 and July 17, 2026 respectively. Pursuant to the allotment of Equity Shares in the Issue, the paid- up equity share capital of the Company stands increased from Rs 4,449.39 million, comprising of 88,98,79,192 Equity Shares of Rs 5 each to Rs 4,835.76 million, comprising of 96,71,51,919 Equity Shares of Rs 5 each. Further, please find attached herewith the list of allottees who have been allotted more than five percent (5%) of the Equity Shares offered in the Issue, marked as Annexure A.

The above information is a part of company’s filings submitted to BSE.

Belrise Industries Share Price

232.85 2.50 (1.09%)
30-Jul-2026 16:59 View Price Chart
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