Viyash Scientific Limited announced the allotment of equity shares pursuant to employee stock option exercises. The Nomination and Remuneration Committee approved the allotment via resolution passed by circulation on September 18, 2026.
The company allotted a total of 11,07,309 equity shares of face value ₹2 each, fully paid up, under two ESOP schemes:
- 9,26,333 equity shares at an exercise price of ₹86 per share to eligible optionees under the Sequent Scientific Limited Employee Stock Option Plan 2020 (Sequent ESOP 2020)
- 1,80,976 equity shares at an exercise price of ₹101 per share to eligible optionees under the Viyash Scientific Limited Employee Stock Option Scheme 2026 (Viyash ESOP 2026)
The newly allotted equity shares will rank pari passu in all respects with the existing equity shares of the company.
Capital Structure Impact
Consequent to this allotment, the company's issued and paid-up equity share capital has increased from ₹88,10,40,722 consisting of 44,05,20,361 equity shares of ₹2 each to ₹88,32,55,340 consisting of 44,16,27,670 equity shares of ₹2 each.
The disclosure appears to be made pursuant to SEBI Listing Regulations requirements for material corporate actions.