Jagsonpal Pharmaceuticals Limited has announced the allotment of 2,96,320 Equity Shares of Rs. 2/- each under the Jagsonpal Pharmaceuticals Limited Employee Stock Option Plan, 2022 (JPL ESOP 2022). These shares were issued to eligible employees upon the exercise of vested options and will rank pari-passu with the existing equity shares of the company. The allotment has resulted in an increase in the company's paid-up share capital. Prior to this allotment, the paid-up share capital was Rs. 13,10,78,300, comprising 6,55,39,150 equity shares of Rs. 2/- each. Post-allotment, the paid-up share capital has increased to Rs. 13,16,70,940, consisting of 6,58,35,470 equity shares of Rs. 2/- each. The exercise prices for the shares varied: Rs. 94.00/- for 2,28,000 equity shares, Rs. 113.60/- for 59,920 equity shares, and Rs. 115.60/- for 8,400 equity shares. Correspondingly, the premium per share was Rs. 92.00/-, Rs. 111.60/-, and Rs. 113.60/- for these tranches, respectively. The shares were issued on June 4, 2026.
