Allotment of 2,71,970 Equity shares upon exercise of vested options under SLSL ESOP 2020 Scheme

Suven Life Sciences Ltd announced the allotment of 2,71,970 equity shares to eligible employees who exercised their vested options under the SLSL ESOP 2020 Scheme. The shares were issued at an exercise price of Rs. 55 each, leading to a total realization of Rs. 1,49,58,350 for the company. Consequently, the company's paid-up equity share capital increased from 26,37,20,583 shares to 26,39,92,553 shares. This allotment is a routine compliance under SEBI regulations.