Banka BioLoo Limited has allotted 5,000 equity shares pursuant to the exercise of vested options under the Banka BioLoo Limited Employee Stock Option Plan – 2023. The shares have a face value of ₹10 each and were allotted at an exercise price of ₹10 per share with a premium of ₹0.
The paid-up equity share capital of the company has increased from ₹10,93,19,320 (divided into 1,09,31,932 equity shares) to ₹10,93,69,320 (divided into 1,09,36,932 equity shares).
The allotment was approved by the Nomination and Remuneration Committee (designated as the Compensation Committee) via resolution by circulation on 16 October 2026 at approximately 11:30 AM. The allotment complies with Regulation 5 of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The new equity shares carry the ISIN INE862Y01015 and will rank pari-passu in all respects with the existing equity shares of the company. The distinctive numbers for the allotted shares range from 1,09,31,933 to 1,09,36,932 (both inclusive). There is no lock-in period applicable to these shares.
The scheme was originally filed with the National Stock Exchange of India Limited on 12 October 2023 under filing number 37931.
Additional Announcements:
The filing includes the requisite disclosures under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.