E.I.D.-Parry Raises Equity Capital via ESOP Share Allotment

E.I.D.-Parry (India) Limited ( (IN:EIDPARRY) ) just unveiled an update.

E.I.D.-Parry (India) Limited has allotted 53,325 equity shares of face value Re.1 each following the exercise of stock options granted under its Employee Stock Option Plan 2016. This allotment, approved by the Stakeholders Relationship Committee on April 21, 2026, raises the company’s issued, subscribed and paid-up share capital from Rs.17,78,72,717 to Rs.17,79,26,042, taking the total number of listed shares to 17,79,26,042.

The newly issued shares, priced at exercise rates of Rs.551.45 and Rs.479.20 per share including premium, are identical in all respects to existing equity shares and have been issued in dematerialised form without any lock-in. The modest capital increase reflects ongoing use of equity-based incentives, marginally diluting existing shareholdings while reinforcing the company’s reliance on ESOPs to align employee interests with long-term shareholder value.

More about E.I.D.-Parry (India) Limited

E.I.D.-Parry (India) Limited is a Murugappa Group company operating in India, with its equity shares listed on the National Stock Exchange of India and BSE. The company has an established presence in the corporate sector and maintains an employee stock option plan as part of its share-based compensation framework.

Average Trading Volume: 23,609

Technical Sentiment Signal: Buy

Current Market Cap: 154B INR

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