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3i Infotech LimitedOthers, 19-12-2024: ESOP/ESOS/ESPS

19-12-2024 | 05:18 pm

3i Infotech Limited has announced a board meeting for the allotment of 19,900 equity shares under the Employee Stock Option Scheme 2018 (ESOS 2018) to eligible employees, with an exercise price of Rs. 10 each. Following this allotment, the company’s paid-up equity share capital has increased to Rs. 1,695.54 crore, comprising 16,95,54,317 fully paid-up shares.

This move may enhance employee engagement and retention by incentivizing staff, potentially fostering a positive sentiment among investors who favor companies prioritizing employee benefits. Overall, the update reflects a strategic focus on strengthening workforce commitment without altering the company's existing governance or operational dynamics.

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