This is a regulatory disclosure filed with BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
On Friday, October 30, 2026, the Nomination and Remuneration Committee of Avalon Technologies Limited, through Circular Resolution, allotted 16,138 equity shares to employees. This allotment was made consequent upon the exercise of Employee Stock Options (ESOPs) under the "AVALON - Employee Stock Option Plan 2022".
The exercise prices for these ESOPs were ₹20/-, ₹700/-, and ₹759/- per share, as determined under the company's ESOP plan.
Following this allotment, the company's paid-up share capital has increased from ₹13,37,64,600 comprising 6,68,82,300 equity shares to ₹13,37,96,876 comprising 6,68,98,438 equity shares. All shares have a face value of ₹2 each.
The disclosure was signed by Mr. Ajay Shukla, Company Secretary & Compliance Officer (Membership Number: A36992) on October 30, 2026.