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Zinka Logistics Solutions LimitedImportant, 04-03-2025: General Updates

04-03-2025 | 06:38 pm

The Nomination and Remuneration Committee of Zinka Logistics Solutions Limited has approved the allotment of 7,36,097 equity shares, issued at a face value of Re. 1 each, under the Employee Stock Option Schemes (ESOP 2016 and ESOP 2019). This allotment will raise the company’s total paid-up equity share capital to Rs. 17,72,14,834.

The breakdown of shares issued includes 5,25,839 shares from ESOP 2016 and 2,10,258 from ESOP 2019. This move is part of the company's strategy to attract and retain talent, potentially enhancing employee motivation and alignment with shareholder interests. Investors should observe how this equity allotment impacts share liquidity and overall company performance moving forward.

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