DUDIGITAL GLOBAL LIMITED — Important, 12-11-2024: Committee Meeting Updates

Dudigital Global Limited has announced a board meeting to cover the allotment of 4,620 equity shares at a face value of ₹2 each, stemming from the Employees Stock Option Scheme – 2022. The exercise price per share was set at ₹25, leading to proceeds of ₹1.15 crore. The total issued share capital after this allotment will reach ₹13.95 crore, increasing the total number of issued shares to 6,97,76,480.

This move could enhance employee motivation and retention, potentially benefiting operational efficiency. Investors might view this positively as it could signal a commitment to incentivizing employees, although it also dilutes existing shareholders' equity slightly.