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  3. Syngene International Allots 7.29 Lakh Equity Shares Under Employee Incentive Plan
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  • 29 Apr 2026
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 Syngene International Allots 7.29 Lakh Equity Shares Under Employee Incentive Plan

Syngene International Limited has allotted 7,29,727 equity shares to the Syngene Employee Welfare Trust under the Long Term Incentive Performance Share Plan 2023, following Board approval on April 29, 2026. The allotment increases the company's paid-up share capital from Rs. 402,93,94,200 to Rs. 403,66,91,470, with total issued shares rising to 40,36,69,147. The shares, issued at Rs. 10 per face value with no premium, rank pari-passu with existing equity shares.

Syngene International Allots 7.29 Lakh Equity Shares Under Employee Incentive Plan

syngene international has announced the allotment of 7,29,727 equity shares to the Syngene Employee Welfare Trust under the Syngene Long Term Incentive Performance Share Plan 2023. The Board of Directors approved the allotment at its meeting held on April 29, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Share Capital Impact

Consequent to the allotment, the company's paid-up share capital has increased from Rs. 402,93,94,200, comprising 40,29,39,420 equity shares of Rs. 10 each, to Rs. 403,66,91,470, comprising 40,36,69,147 equity shares of Rs. 10 each. The shares have been allotted at an exercise price of Rs. 10 per share with no premium.

Key Allotment Details

Particulars Details Number of shares issued 7,29,727 equity shares Date of issue April 29, 2026 Par value per share Rs. 10/- Exercise price per share Rs. 10/- Premium per share Nil Distinctive numbers 40,29,39,421 to 40,36,69,147 Total issued shares post-allotment 40,36,69,147 shares Total issued share capital post-allotment Rs. 403,66,91,470

The equity shares allotted pursuant to the exercise of Performance Share Units rank pari-passu with the existing equity shares of the company. The shares are listed on both the National Stock Exchange of India Limited and BSE Limited. The company has confirmed that listing fees have been paid, and there is no lock-in applicable to the allotted shares.

Biocon Limited has formally declared that its promoters and promoter group entities maintained no encumbrance on shares throughout the financial year 2025-26. The biotechnology company submitted this declaration on April 02, 2026, in compliance with regulatory requirements under SEBI's takeover regulations.

Regulatory Compliance Declaration

The declaration was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Syngene International received formal notification along with both major stock exchanges regarding this compliance matter.

Parameter: Details Declaration Date: April 02, 2026 Financial Year Covered: 2025-26 Year-end Date: March 31, 2026 Signatory: Rajesh Umakant Shanoy Designation: Company Secretary and Compliance Officer

Share Encumbrance Status

The company confirmed that none of the entities belonging to the promoter and promoter group category, along with persons acting in concert, created any encumbrance on shares held directly or indirectly in the company. This declaration covers the entire duration of the financial year 2025-26 and the position as of March 31, 2026.

Corporate Communication

Company Secretary and Compliance Officer Rajesh Umakant Shanoy, membership number ACS 16328, digitally signed the declaration from Bengaluru. The formal communication was addressed to multiple parties including the Audit Committee Chairperson, BSE Limited's Department of Corporate Services, and the National Stock Exchange of India Limited's Corporate Communication Department.

This declaration represents standard regulatory compliance for listed companies, ensuring transparency in promoter shareholding patterns and maintaining investor confidence through proper disclosure of any potential encumbrances on promoter holdings.

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