Bliss GVS Pharma Boosts Employee Ownership with 66,380 New Equity Shares Under ESOP
Bliss GVS Pharma's ESOP Allotment Committee has approved the issuance of 66,380 new equity shares under its Employee Stock Option Plan (ESOP) 2019. The shares have a face value of Re. 1.00 and an exercise price of Rs. 43.00 per share. This allotment increases the total issued share capital to 10,57,88,972 shares, valued at Rs. 10,57,88,972.00. The newly allotted shares are subject to a 6-month lock-in period. This move represents a 0.63% increase in the company's outstanding shares and aims to enhance employee engagement and align their interests with the company's growth.

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Bliss GVS Pharma Limited , a prominent player in the pharmaceutical sector, has taken a significant step to enhance employee engagement and align their interests with the company's growth. The company's ESOP Allotment Committee has approved the issuance of 66,380 new equity shares under its Employee Stock Option Plan (ESOP) 2019.
Key Details of the ESOP Allotment
| Aspect | Details |
|---|---|
| Number of Shares Allotted | 66,380 |
| Face Value per Share | Re. 1.00 |
| Exercise Price per Share | Rs. 43.00 |
| Total Issued Share Capital After Allotment | 10,57,88,972 shares |
| Total Issued Share Capital Value | Rs. 10,57,88,972.00 |
| Lock-in Period for New Shares | 6 months |
This strategic move by Bliss GVS Pharma demonstrates its commitment to fostering a sense of ownership among its employees and aligning their interests with the company's long-term success.
Impact on Share Capital
The allotment has resulted in a marginal increase in the company's total issued share capital. Prior to this allotment, the company had 10,57,22,592 equity shares. The addition of 66,380 new shares represents an increase of approximately 0.63% in the total number of outstanding shares.
Financial Context
While the ESOP allotment itself doesn't directly impact the company's financial performance, it's worth noting some key financial metrics to provide context:
| Metric | Value (in Rs. crore) | YoY Change |
|---|---|---|
| Total Assets | 1,219.70 | +6.03% |
| Shareholders' Capital | 1,058.60 | +7.10% |
| Reserve & Surplus | 1,048.10 | +7.18% |
These figures indicate that Bliss GVS Pharma has been experiencing steady growth in its asset base and shareholder equity.
Conclusion
The recent ESOP allotment by Bliss GVS Pharma underscores the company's focus on employee retention and motivation. By offering equity ownership to eligible employees, the company aims to create a stronger sense of belonging and commitment among its workforce. This move aligns with modern corporate practices that emphasize the importance of employee engagement in driving long-term organizational success.
As the newly allotted shares come with a 6-month lock-in period, it ensures that the participating employees have a vested interest in the company's performance over the coming months. This alignment of interests between the employees and the company could potentially contribute to improved productivity and overall corporate performance.
Historical Stock Returns for Bliss GVS Pharma
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.91% | +5.35% | +9.70% | +19.40% | +4.34% | -10.37% |



































