ESOP/ESOS/ESPS

Valiant Organics Limited has allotted 15,000 new equity shares with a face value of Rs. 10 each to an eligible employee, following the exercise of stock options under its 'Valiant - Employees Stock Option Plan- 2022'. This allotment at an exercise price of Rs. 10 per share has increased the company's paid-up equity share capital from Rs. 28.02 crores to Rs. 28.03 crores. The new shares will rank pari-passu with existing equity shares.