Tube Investments of India Limited — Important, 24-12-2024: General Updates

The company has allotted 4,540 equity shares of Re.1/- each following the exercise of stock options by an eligible employee under the Employee Stock Option Plan 2017. The exercise prices for the shares were set at ₹2,541.95 and ₹1,471.90 per share. As a result of this allotment, the total number of equity shares outstanding has increased from 19,34,72,178 to 19,34,76,718, while the paid-up equity share capital has risen from ₹19,34,72,178 to ₹19,34,76,718. This development signals ongoing employee engagement and may contribute positively to the company's performance and shareholder value. Watch closely for further growth indicators.