News Companies SJS Enterprises Allots 20,500 Equity Shares Through Employee Stock Option ExerciseSJS Enterprises Allots 20,500 Equity Shares Through Employee Stock Option Exercise
SJS Enterprises Limited allotted 20,500 equity shares on March 17, 2026, through employee stock option exercise under ESOP 2021. The allotment involved two pricing tiers: 16,250 shares at Rs. 263.86 and 4,250 shares at Rs. 289.18 per share. This increased the company's paid-up capital from Rs. 319,762,790 to Rs. 31,99,67,790, with total shares reaching 3,19,96,779. The newly allotted shares rank pari-passu with existing equity shares and carry no lock-in restrictions.
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SJS Enterprises Limited has announced the allotment of 20,500 equity shares on March 17, 2026, following the exercise of vested employee stock options under its Employee Stock Option Plan 2021. The Board of Directors approved this allotment in compliance with SEBI regulations, marking another step in the company's employee incentive program.
Share Allotment Details
The allotment comprises equity shares with a face value of Rs. 10 each, issued to company employees under the 'SJS Enterprises – Employee Stock Option Plan 2021'. These newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects.
| Parameter | Details |
|---|---|
| Date of Issue | March 17, 2026 |
| Number of Shares | 20,500 equity shares |
| Face Value | Rs. 10 per share |
| ESOP Plan | SJS Enterprises – Employee Stock Option Plan 2021 |
| ISIN Number | INE284S01014 |
Exercise Price Structure
The stock option exercise involved two different pricing tiers based on the grant terms:
| Share Category | Number of Shares | Exercise Price | Premium per Share |
|---|---|---|---|
| Tier 1 | 16,250 shares | Rs. 263.86 | Rs. 253.86 |
| Tier 2 | 4,250 shares | Rs. 289.18 | Rs. 279.18 |
Impact on Share Capital
Following this allotment, the company's equity structure has been updated with increased share capital:
| Metric | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Capital | Rs. 319,762,790 | Rs. 31,99,67,790 |
| Total Shares | 3,19,76,279 shares | 3,19,96,779 shares |
| Distinctive Numbers | - | 31,976,280-3,19,96,779 |
Regulatory Compliance
The allotment was conducted pursuant to Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and Regulation 10(c) of the SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021. The company filed the required statement with stock exchanges on July 29, 2024, with filing numbers BSE: 207442 and NSE: 43055.
Company Information
SJS Enterprises Limited, with its registered office located at Nos – 28/P16 Agra Village & 85/ P6 BM Kaval Village, Kengeri Hobli, Bangalore South 560082, maintains listings on both BSE Limited and National Stock Exchange of India Limited. The newly issued shares carry no lock-in restrictions and are identical to existing shares in all respects.
Historical Stock Returns for SJS Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.21% | +0.98% | -11.50% | +12.24% | +97.53% | +216.58% |
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