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Alivus Life Sciences’ board approved allotment of shares to employees exercising stock options
29-Oct-2026, 08:15

Alivus Life Sciences Limited (formerly Glenmark Life Sciences Limited) announced that its board of directors approved the allotment of 1,95,833 equity shares with a face value of Rs 2 each to eligible employees who exercised stock options under the ‘Employee Stock Option Scheme, 2021’, increasing the company's paid-up share capital from 12,27,71,448 equity shares aggregating to Rs 24,55,42,896 to 12,29,67,281 equity shares aggregating to Rs 24,59,34,562.