Sudarshan Chemical Industries Allots Equity Shares Under Stock Option Plan
Sudarshan Chemical Industries Limited announced the allotment of equity shares to its grantees. The allotment was approved by the Company's Allotment Committee, which held its meeting on April 27, 2026.The allocation pertains to the exercise of options under the Sudarshan Employee Stock Option Plan 2018.
The Allotment Committee approved the allotment of 15,640 equity shares, each with a face value of Rs. 2/-.
The newly issued shares are listed on both BSE Limited and the National Stock Exchange of India Limited.
The allotment details, including the financial impact and issuance parameters, are summarized below:
| Parameter | Detail | Value |
|---|---|---|
| Allotted Shares | Number of shares allotted | 15,640 |
| Face Value per Share | Face value | Rs. 2/- |
| Date of Issue | Date | April 27, 2026 |
| Exercise Price per Share | Price paid by employee | Rs. 349.35/- |
| Premium per Share | Premium component | Rs. 347.35/- |
| Total Issued Shares (Post-Allotment) | Total subscribed shares | 7,86,28,076 |
| Total Issued Share Capital (Post-Allotment) | Total subscribed capital | Rs. 15,72,56,152 |
The shares issued under this plan rank pari passu and are identical to the Company's existing equity shares. The Company confirmed that the total issued share capital after this allotment stood at Rs. 15,72,56,152.
SUDARSCHEM Stock Price Movement
Today, Sudarshan Chemical Industries Limited shares edged higher to close at ₹884.4, gaining 1.45% for the day. The equity was supported by a significant volume of 150,924 shares, trading within a range of ₹871.1 to ₹904.95.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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