Varun Beverages Limited disclosed the allotment of equity shares under its employee stock option scheme. The Share Allotment Committee of the Board of Directors approved the allotment of 29,750 equity shares of face value ₹2 each to eligible employees upon exercise of stock options vested under the Employees Stock Option Scheme 2016 (ESOP 2016).
The committee meeting commenced at 3:30 PM and concluded at 3:45 PM on September 11, 2026. The allotment was made in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Capital Structure Impact
Consequent to this allotment, the company's paid-up share capital increased from 338,246,489 equity shares to 338,249,464 equity shares, each with a face value of ₹2. The total issued share capital after this issue stands at ₹676,498,928.
Share Details
The distinctive numbers of the allotted shares range from 338,246,489 to 338,249,464 (both inclusive). The shares carry ISIN INE200M01039 and were issued in dematerialized form without physical share certificates.
Exercise Price Details
The shares were allotted at two different exercise prices:
- ₹174.00 per equity share for 22,250 ESOPs (premium: ₹172.00 + face value: ₹2.00)
- ₹251.00 per equity share for 7,500 ESOPs (premium: ₹249.00 + face value: ₹2.00)
The exercise prices have been adjusted after corporate actions including stock split.
Additional Details
The newly allotted shares will rank pari-passu with the existing equity shares of the company. There are no lock-in restrictions applicable to these shares, and no listing fees are payable for this issuance.