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Aditya Birla Capital LimitedOthers, 05-12-2024: ESOP/ESOS/ESPS

05-12-2024 | 06:07 pm

Aditya Birla Capital Limited has announced the allotment of 92,211 equity shares under its Employee Stock Option Scheme 2017 and Performance Stock Unit Scheme 2022. Following this allocation, the company's paid-up equity share capital will increase to ₹26,05,45,43,110, comprising approximately 2,60,54,54,311 equity shares. This move is aimed at incentivizing employee performance, aligning their interests with shareholders and enhancing retention. The dilution effect is likely to have a neutral impact on existing shareholders, while potentially strengthening employee engagement and performance in the future.

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