ALPHA TRIBE

360 ONE WAM LIMITEDOthers, 18-12-2024: ESOP/ESOS/ESPS

18-12-2024 | 07:36 pm

The Nomination and Remuneration Committee of 360 ONE WAM LIMITED has allotted 3,56,716 equity shares to employees following the exercise of stock options under the Employee Stock Options Scheme. This move increases the company's paid-up share capital from ₹38.79 crore to ₹38.83 crore. The allocation enhances employee engagement and can signal a commitment to rewarding talent, which might foster positive sentiment among investors. However, depending on market dynamics, this dilution could be viewed as a potential risk to existing shareholders' interests.

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