Wanbury Limited — Others, 12-02-2025: ESOP/ESOS/ESPS
Wanbury Limited's Board has approved its unaudited financial results for the third quarter and nine months ended December 31, 2024. The company reported a total income of ₹429.16 crore, with net profit after tax at ₹10.27 crore. The firm plans to raise up to ₹200 crore through non-convertible debentures, securing ₹175 crore from the Emerging India Credit Opportunities Fund II for refinancing high-cost debt and working capital. Additionally, 200,000 stock options have been granted to employees under the ESOP 2016, which may enhance employee motivation. Overall, this suggests a solid operational performance and potential for positive investor sentiment, though investors should consider the risks associated with ongoing facility upgrades affecting revenues.
