Syngene International's board approved allotment of 729,727 equity shares to its Employee Welfare Trust under the Long Term Incentive Performance Share Plan 2023.
The allotment increases the company's paid-up share capital from ₹402.94 crore to ₹403.67 crore, with shares ranking pari-passu with existing equity.
The disclosure is made pursuant to SEBI Listing Regulations and Share Based Employee Benefits Regulations, with all requisite stock exchange approvals in place.