Avalon Technologies Limited has made a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the allotment of equity shares to employees through the exercise of Employee Stock Options (ESOPs).
On Saturday, August 29, 2026, the company's Nomination and Remuneration Committee approved, via circular resolution, the allotment of 70,545 equity shares to employees. The shares were allotted consequent upon the exercise of ESOPs under the "AVALON - Employee Stock Option Plan 2022".
The exercise prices for the ESOPs were set at two different levels: ₹20 per share and ₹700 per share, as determined under the company's ESOP plan.
This allotment has resulted in an increase in the company's paid-up capital. The pre-allotment capital stood at ₹13,36,23,510 comprising 6,68,11,755 equity shares. Following the allotment, the paid-up capital has increased to ₹13,37,64,600 comprising 6,68,82,300 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 August 29, 2026, and was addressed to both BSE Limited and the National Stock Exchange of India Limited for their records.