Saurashtra Cement Limited — Others, 13-01-2025: ESOP/ESOS/ESPS

Saurashtra Cement Limited has announced a board meeting on January 13, 2025, where the allotment committee approved the issuance of 61,890 equity shares at a face value of Rs. 10 each under the Saurashtra Employee Stock Option Scheme. Following this allotment, the paid-up capital rose to Rs. 111.86 crore, increasing the total equity shares to 11.11 crore. A corrigendum was also issued to correct the previously reported total number of shares post-allotment. This update could enhance employee morale and align their interests with shareholder value, contributing to a positive outlook on company performance.