CCL Products (India) Limited allotted 2,000 equity shares under its Employee Stock Option Scheme - 2022. The shares have a face value of Rs. 2/- each and were issued at an exercise price of Rs. 2/- per share with no premium.
The company confirmed that there was no change in the paid-up share capital following this allotment. The total issued shares remain at 13,35,27,920 equity shares, and the total issued share capital remains at Rs. 26,70,55,840/- divided into 13,35,27,920 shares of Rs. 2/- each.
The ESOP scheme is titled "CCL Employee Stock Option Scheme - 2022" and complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, specifically Regulation 10. The shares were issued through the CCL Employees Trust established for implementing the scheme.
The allotted shares have ISIN number INE421D01022 and were issued in dematerialized form. The distinctive numbers range from 133329140 to 133331139. The shares rank pari-passu with the existing equity shares of the company. There are no lock-in restrictions applicable to these shares.
The exercise date for the options was 21-07-2026. The company had previously filed statements with the stock exchanges for various tranches of shares under this scheme: for 4,00,000 shares on 23.09.2022 (NSE) and 22.09.2022 (BSE), and for 1,00,000 shares on 09.02.2024 (both exchanges).
Additional Announcements:
The filing serves as a regulatory compliance disclosure regarding the ESOP allotment and does not contain any additional corporate updates beyond the share allotment details.