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Balrampur Chini Mills Limited allotted 1,30,382 equity shares following the exercise of Employee Stock Appreciation Rights. These shares rank pari passu with the existing equity capital.
Balrampur Chini Mills allotted 1,99,907 equity shares to employees upon exercise of stock appreciation rights under its ESAR 2023 plan.
Balrampur Chini Mills Limited granted 12,777 Employee Stock Appreciation Rights (ESARs) on April 23, 2026, at a price of ₹541.55 per right. The rights vest over a four-year period with a subsequent four-year exercise window. This grant is part of the company's long-term employee incentive and retention strategy.