Key Action
On 12 August 2026, the Stakeholders Relationship Committee of the Board of Directors approved the allotment of 16,780 equity shares of face value ₹10 each, fully paid up. These shares were allotted pursuant to the exercise of vested stock options under the Employee Stock Option Scheme 2022 (as amended) at an exercise price of ₹10 per option to eligible employees.
Share Characteristics
The newly allotted equity shares will rank pari-passu with the existing equity shares of the Company in all respects.
Capital Structure Impact
Consequent to this allotment, the paid-up share capital of the Company has increased from ₹10,674,837 (10,674,837 shares of ₹10 each) to ₹10,691,617 (10,691,617 shares of ₹10 each).
Annexure A Details
1. Scheme Details: Allotment of shares upon exercise of options under ESOP Scheme 2022
2. SEBI Compliance: The scheme is compliant with SEBI (SBEB) Regulations, 2021
3. Total Scheme Size: 250,000 options covered under the scheme
4. Exercise Price: ₹10 per option
5. Exercise Timeline: As per ESOP scheme provisions
6. Significant Terms: As per the Company's ESOP Scheme
7. Subsequent Changes: Not applicable
8. Options Vested: 17,680 options
9. Options Exercised: 16,780 options
10. Proceeds Realized: ₹167,800 (One Lakh Sixty-Seven Thousand and Eight Hundred Only)
11. Shares Allotted: 16,780 equity shares of face value ₹10 each
12. Options Lapsed: 29,450 options
Additional Information
The complete details have been submitted as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30 January 2026. The information will be made available on the Company's website at www.hpbl.in.