Thejo Engineering Limited — Others, 15-02-2025: ESOP/ESOS/ESPS

Thejo Engineering Limited has announced a board meeting focused on the allotment of 516 equity shares to eligible employees under the Employees Stock Option Scheme, 2015. This increase in share capital brings the total paid-up capital to ₹10,84,57,650, divided into 1,08,45,765 equity shares. The shares have been allotted at an exercise price of ₹671.75 each, fully paid by the allottees. This move may enhance employee engagement, aligning their interests with the company’s growth. Investors might view this positively as it reflects a commitment to incentivizing key personnel, potentially fostering a stronger operational performance.