Godrej Agrovet Allots 51,423 Shares, Notes Lapse of 10,329 Options

Godrej Agrovet Limited announced the allotment of 51,423 equity shares to eligible employees under its Employees Stock Grant Scheme 2018 (ESGS 2018). This allotment, valued at ₹5,14,230, increased the company's paid-up equity share capital to ₹192,41,13,900. Concurrently, the Nomination and Remuneration Committee noted the lapse of 10,329 stock options previously granted under the same scheme, primarily due to cessation of employment. The newly allotted shares will rank pari passu with existing equity shares.