Piccadily agro industries Limited has completed the allotment of 71,705 equity shares under its Employee Stock Option Plan 2024, following board approval on January 21, 2026. The allotment represents a significant milestone in the company's employee incentive program, providing stock ownership opportunities to eligible employees.

Share Allotment Details

The board of directors approved the allotment during their meeting held on January 21, 2026, which commenced at 10:40 AM and concluded at 12:20 PM. The shares were allotted to eligible employees and grantees pursuant to the exercise of options granted under the Piccadily Agro Employee Stock Option Plan 2024.

Capital Structure Impact

The allotment has resulted in an increase in the company's equity capital structure. Both the issued equity capital and subscribed & paid-up equity capital have increased proportionally following the ESOP exercise.

Regulatory Compliance

The allotment was conducted in compliance with Regulation 30 read with Part A of Schedule III and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the necessary documentation with BSE Limited, receiving application number 215948 on November 13, 2024. The filing with NSE Limited is yet to be completed.

Share Characteristics

The newly allotted equity shares carry the same rights and privileges as existing shares. All equity shares allotted pursuant to the exercise of stock options will rank pari-passu with the existing equity shares of the company. The shares are issued in demat form and do not carry any lock-in restrictions or premium components.

Corporate Communication

The regulatory filing was signed by Niraj Kumar Sehgal, Company Secretary & Compliance Officer, who communicated the allotment details to both BSE Limited and National Stock Exchange of India Limited. The company maintains its registered office in Village Bhadson, Umri-Indri Road, Haryana, with corporate office operations based in Gurugram.

Piccadily Agro Industries has reported robust financial performance for the third quarter, showcasing significant growth in profitability. The company's net profit demonstrated remarkable improvement compared to the same period in the previous year.

Financial Performance Highlights

The company's Q3 financial results reveal strong operational performance with substantial profit growth. The year-on-year comparison shows impressive momentum in the company's earnings trajectory.

Growth Analysis

The 92.40% year-on-year increase in net profit represents a significant achievement for Piccadily Agro Industries. This substantial growth indicates strong operational efficiency and effective business execution during the quarter. The company's ability to nearly double its net profit demonstrates robust performance across its business operations.

Market Position

The strong Q3 results position Piccadily Agro Industries favorably in the market, with the company showing its capacity to generate substantial returns. The impressive profit growth reflects the company's operational strength and strategic execution capabilities during the reporting period.