ChatGPT said:
EPL Limited has allotted 1.5 lakh equity shares under its Employee Stock Option Plan (ESOP), increasing its paid-up capital from ₹63.96 crore to ₹63.99 crore.
The newly issued shares, each with a face value of ₹2, were approved by the company’s Board’s Security Committee. These shares rank pari passu with existing fully paid-up equity shares. This allotment reflects EPL’s commitment to employee retention and aligns with its growth strategy.