Pine Labs Limited has allotted 55,81,713 equity shares of ₹1 each to eligible employees upon exercise of equivalent number of Employee Stock Options under the Pine Labs Employee Stock Option Plan 2025.
The allotment has resulted in an increase in the company's paid-up equity share capital from ₹1,14,82,76,377 (1,14,82,76,377 equity shares of ₹1 each) to ₹1,15,38,58,090 (1,15,38,58,090 equity shares of ₹1 each).
The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all aspects. The company is currently completing formalities for listing these shares and will shortly file a listing application with the exchanges for seeking listing and trading approval.
This disclosure was made to BSE Limited and National Stock Exchange of India Limited on June 25, 2026, by Neerav Mehta, Company Secretary and Compliance Officer (Membership Number: A20949).
Additional Information:
The information regarding this allotment is also available on the company's investor relations website at https://www.pinelabs.com/investor-relations.