Party Cruisers Limited Allots 4,800 Equity Shares Under Employee Stock Option Plan 2023

Party Cruisers Limited allotted 4,800 equity shares on May 07, 2026, under its Employee Stock Option Plan 2023 ("PCL ESOP 2023"), pursuant to the exercise of stock options by eligible grantees. The allotment was approved through a circular resolution passed by the company's Nomination and Remuneration Committee on the same date and was disclosed to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact on Paid-Up Share Capital

The allotment resulted in an increase in the company's paid-up share capital. The following table summarises the change in share capital consequent to this allotment:

Particulars: No. of Equity Shares Amount (in Rs) Existing paid-up share capital: 1,19,85,113 11,98,51,130 Post allotment paid-up share capital: 1,19,89,913 11,98,99,130

Key Details of the Allotment

The shares were issued under the PCL ESOP 2023 scheme, which was originally filed with the National Stock Exchange of India Limited on June 14, 2023, under Application No. NSE/LIST/36073. The following table outlines the key parameters of this allotment as disclosed in Annexure I pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021:

Parameter: Details Scheme Name: Party Cruisers Limited Employee Stock Option Plan 2023 (PCL ESOP 2023) Kind of Security: Equity Shares Par Value: Rs. 10/- per Equity Share Date of Issue: May 07, 2026 Number of Shares Issued: 4,800 Equity Shares Distinctive Numbers: From 1,19,85,114 to 1,19,89,913 Exercise Price per Share: Rs. 10/- Premium per Share: N.A. Total Issued Shares After Issue: 1,19,89,913 Equity Shares Total Issued Share Capital After Issue: Rs. 11,98,99,130 Stock Exchange Listed On: National Stock Exchange of India Limited, SME Platform

Lock-In Conditions

The newly allotted shares are subject to a partial lock-in arrangement as detailed below:

50% of the allotted shares shall not be subject to any lock-in.

50% of the allotted shares shall be locked in for 5 years from the date of issue of grant letters, i.e., until September 30, 2029.

All equity shares allotted pursuant to the exercise of stock options shall rank pari-passu with the existing equity shares of the company in all respects. The disclosure was signed by Zuzer Lucknowala, Managing Director (DIN: 00979509), on May 07, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.