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Borosil Scientific LimitedOthers, 24-03-2025: ESOP/ESOS/ESPS

24-03-2025 · 01:44 pm

Borosil Scientific Limited has announced a board meeting to allot 15,996 equity shares following the exercise of stock options under its Special Purpose Employee Stock Scheme 2023. This increase raises the company's issued and paid-up equity share capital to Rs. 8,89,33,303, represented by 8,89,33,303 shares of Re. 1/- each. The approval for the allotment has already been secured from both BSE and NSE. This move supports employee retention and incentivization. Investors may view this positively, considering it reflects commitment to employee engagement and operational stability despite potential dilution of existing shares.

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