Cipla's Equity Share Capital Rises After Allotting Shares Under ESOS and ESAR Schemes
Cipla Limited has increased its issued, subscribed, and paid-up share capital following the allotment of equity shares under two distinct employee incentive programs: the Employee Stock Option Scheme 2013-A (ESOS) and the Cipla Employee Stock Appreciation Rights Scheme 2021.The Operations and Administrative Committee of Cipla Limited sanctioned the allotment of 7,850 fully paid-up equity shares with a face value of INR 2 each. These shares were allotted as part of the exercise of employee stock options or stock appreciation rights under the named schemes.
This transaction marks an update to the company's share capital structure. The total issued, subscribed and paid-up share capital of Cipla Limited now stands at INR 1,61,57,06,332. This capital comprises a total of 80,78,53,166 equity shares, each with a face value of INR 2.
CIPLA Stock Price Movement
On Friday, Cipla Limited shares edged higher in the market, closing at ₹1473.2 after gaining 0.38% or ₹5.60. The stock saw a traded volume of 1.22 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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