Key Quantitative Figures
- Number of shares allotted: 44,94,276 (Forty-Four Lakh Ninety-Four Thousand Two Hundred Seventy-Six) equity shares
- Face value: Re. 1/- each
- Options exercised: 12,48,410 options
- Money realized by exercise: INR 12,48,410/-
- Previous paid-up share capital: Rs. 2,89,63,92,376
- New paid-up share capital: Rs. 2,90,08,86,652
- Diluted earnings per share (DEPS): Rs. (0.15)
Dates of Action
The Board of Directors approved the allotment via circular resolution dated June 20, 2026.
Parties Involved
- Plan: Physicswallah Limited Employees' Stock Option Plan, 2022 (ESOP Plan 2022)
- Beneficiaries: Eligible employees
Financial Impact
The allotment has increased the company's paid-up share capital by Rs. 44,94,276 (from Rs. 289.64 crore to Rs. 290.09 crore). The diluted earnings per share for FY2026 is negatively impacted at Rs. (0.15).
Capital Structure Impact
The newly allotted equity shares will rank pari passu with the existing equity shares of the company in all respects.
Additional Details from Annexure-A
- The ESOP scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Exercise price: INR 1 per stock option
- Vested options can be exercised at any time from respective vesting dates
- The 44,94,276 shares include adjustments for corporate actions as per the ESOP Plan 2022
- Significant terms include provisions for death, permanent incapacity, resignation, termination, retirement, abandonment
- The plan includes adjustments for corporate actions such as rights issue, bonus issue, stock split, consolidation, merger/amalgamation, or sale of division/undertaking
- Adjustments were made to options on March 5, 2025, in accordance with the plan terms
- The DEPS calculation is based on financial statements for the year ended March 31, 2026, reflecting full dilutive effect