S Chand And Company Limited — Others, 06-01-2025: ESOP/ESOS/ESPS

The Board of Directors of S Chand and Company Limited has announced a board meeting where it approved the allotment of 41,296 equity shares, consisting of 11,834 shares under the Employee Stock Option Plan 2012 and 29,462 shares under the Employee Stock Option Scheme 2023. Post-allotment, the paid-up equity share capital will increase to ₹176.29 crore. Additionally, a new wholly-owned subsidiary will be incorporated for printing operations, aiming to enhance operational efficiency. The board also granted a corporate guarantee of ₹20 crore in favor of State Bank of India for a cash credit facility to its subsidiary. This could indicate a positive outlook as the company is enhancing its financial flexibility and growth initiatives.