Physicswallah Limited has allotted 36,63,972 (Thirty-Six Lakh Sixty-Three Thousand Nine Hundred and Seventy-Two) fully paid-up equity shares of face value INR 1 (Indian Rupee One) each pursuant to the exercise of vested stock options under the Physicswallah Limited Employees' Stock Option Plan, 2022 (ESOP Plan 2022).
The exercise price for these stock options was INR 1 (Indian Rupee One) per stock option. The allotment was approved by the Board of Directors via circular resolution on October 07, 2026.
Consequent to this allotment, the company's paid-up share capital has increased from INR 2,90,50,08,832 to INR 2,90,86,72,804.
The equity shares allotted shall rank pari passu with the existing equity shares of the Company in all respects.
The scheme is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Key Details from Annexure-A:
- Total number of options exercised: 10,17,770
- Money realized by exercise of options: INR 10,17,770
- Total number of shares arising from exercise: 36,63,972 equity shares (including adjustments for corporate actions)
- Diluted earnings per share (DEPS) pursuant to issue: INR (0.09) (calculated based on financial results for quarter ended June 30, 2026)
- Vested options can be exercised at any time from respective vesting dates as per ESOP Plan 2022 terms
- Significant terms include provisions for death, permanent incapacity, resignation, termination, retirement, abandonment, and adjustments for corporate actions
- The shares were allotted pursuant to a bonus issue of 35 equity shares for every 1 equity share approved by the Board
Additional Information:
This disclosure is made under Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The disclosure will be hosted on the Company's website at https://www.pw.live/investor-relations