Sub: Allotment of Equity Shares to the employees of the Company on exercise of ESOPs

Nature of the Event

This is a regulatory disclosure regarding the allotment of equity shares to employees upon the exercise of Employee Stock Options (ESOPs).

Key Quantitative Figures

  • Total Equity Shares Allotted: 62,635 shares of ₹2 each, fully paid up.
  • Total Exercise Proceeds Realized: ₹2,89,60,852.50 (Sum of ₹1,31,152.50 + ₹2,20,29,228 + ₹68,00,472)
  • Post-Allotment Paid-Up Capital: ₹1,08,06,24,436
  • Post-Allotment Total Shares: 54,03,12,218 equity shares
  • Diluted EPS Post-Allotment: ₹13.70

Dates of Action

  • Allotment Date: July 27, 2026
  • Committee Approval: The allotment was approved via a resolution passed by circulation by the Nomination & Remuneration Committee on July 27, 2026.

Parties Involved

  • Issuer: Laurus Labs Limited
  • Allottees: Eligible employees of the company
  • Approving Authority: Nomination & Remuneration Committee of the Board of Directors
  • Regulators: BSE Limited and National Stock Exchange of India Ltd. (addressees)

Details of ESOP Schemes and Allotment

The allotment was made under three separate ESOP schemes, each with a specific grant. The breakdown is as follows:

1. Laurus Employees Stock Option Scheme 2016 (Grant-IV)

  • Shares Allotted: 435
  • Exercise Price per Share: ₹301.50
  • Premium per Share: ₹299.50
  • Money Realized: ₹1,31,152.50
  • Distinctive Numbers: 54,02,49,584 to 54,02,50,018
  • Post-Issue Capital (for this scheme): ₹1,08,05,00,036
  • Post-Issue Shares (for this scheme): 54,02,50,018

2. Laurus Employees Stock Option Scheme 2018 (Grant-IV)

  • Shares Allotted: 47,528
  • Exercise Price per Share: ₹463.50
  • Premium per Share: ₹461.50
  • Money Realized: ₹2,20,29,228
  • Distinctive Numbers: 54,02,50,019 to 54,02,97,546
  • Post-Issue Capital (for this scheme): ₹1,08,05,95,092
  • Post-Issue Shares (for this scheme): 54,02,97,546

3. Laurus Labs Employees Stock Option Scheme 2021 (Grant-II)

  • Shares Allotted: 14,672
  • Exercise Price per Share: ₹463.50
  • Premium per Share: ₹461.50
  • Money Realized: ₹68,00,472
  • Distinctive Numbers: 54,02,97,547 to 54,03,12,218
  • Post-Issue Capital (for this scheme): ₹1,08,06,24,436
  • Post-Issue Shares (for this scheme): 54,03,12,218

Regulatory References & Compliance

  • The disclosure is made pursuant to:
  • SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
  • Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
  • All three ESOP schemes are confirmed to be in terms of the SEBI (SBEB) Regulations, 2021.
  • The required annexures detailing the allotment were enclosed with the filing.

Additional Information

  • Lock-in: No lock-in period applies to the allotted shares.
  • Listing Fees: No listing fees are payable for this allotment.
  • Share Certificates: The shares were issued in dematerialized form (no physical certificates).
  • The new shares are identical in all respects to the company's existing equity shares.