Radico Khaitan Limited — Others, 29-01-2025: ESOP/ESOS/ESPS
29-01-2025 | 11:25 am
29-01-2025 | 11:25 am
Radico Khaitan Limited has announced a board meeting to allot 15,106 equity shares following the exercise of stock options under its Employee Stock Option Scheme 2006. Specifically, 12,972 shares were allotted at Rs. 928.05 each and 2,134 shares at Rs. 1,015.37 each. This move increases the paid-up equity share capital to Rs. 26.76 crore, now totaling 13,38,02,840 shares.
The issuance of shares to employees enhances employee ownership and potentially boosts morale, which could positively affect company performance. Investors might view this rollout favorably, as it aligns employee interests with the company's growth trajectory, signaling a proactive approach towards talent retention and motivation.
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