Axita Cotton Limited has allotted 1,78,200 equity shares of ₹1 each on May 28, 2026. This allotment was made pursuant to the exercise of stock options by eligible employees under the company's "Axita Employee Stock Option Plan-2023" (ESOP 2023). The number of shares reflects adjustment for bonus shares.
The newly allotted shares will rank pari passu in all respects with the existing equity shares of the company. Following this allotment, the paid-up share capital of the company has increased from ₹38,24,95,333 (consisting of 382,495,333 equity shares of face value ₹1 each) to ₹38,26,73,533 (consisting of 382,673,533 equity shares of face value ₹1 each).
The company is currently in the process of completing the necessary formalities to obtain listing and trading approval for the allotted shares from the stock exchanges. This information has been made available on the company's website at www.axitacotton.com in compliance with regulatory requirements.
The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited by Panchal Shyamsunder K, Company Secretary and Compliance Officer of Axita Cotton Limited.