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TVS Supply Chain Solutions LimitedOthers, 12-11-2024: ESOP/ESOS/ESPS

12-11-2024 | 04:28 pm

TVS Supply Chain Solutions Limited has announced a board meeting on the allotment of 20,620 equity shares under the Management Incentive Plan II, 2018. This allotment increases the company's paid-up equity share capital from ₹44,06,41,117 to ₹44,06,61,737. The shares issued will rank equally with existing shares, which may enhance employee morale and align their interests with shareholder goals. This development could create a positive outlook among investors by signaling the company's commitment to incentivizing performance and maintaining a robust equity structure.

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