Jamna Auto Industries Limited — Important, 14-01-2025: Updates
14-01-2025 | 01:56 pm
14-01-2025 | 01:56 pm
The Compensation Committee of Jamna Auto Industries Ltd. has allotted 22,500 fully paid equity shares under the Employee Stock Option Scheme (ESOP) 2017 to eligible employees following the exercise of vested options. The shares have an exercise price of ₹50.00 each and are identical in all respects to the existing equity shares. Post-allotment, the total issued share capital is ₹398.98 crore, with an increase in total issued shares to 398,979,885. This move indicates a continued commitment to employee engagement and could enhance motivation, potentially benefiting long-term company performance.
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