A B Cotspin India Limited — Board Meeting, 27-03-2025: Outcome of Board Meeting

A B Cotspin India Limited has announced a board meeting outcome where it approved the A B Cotspin India Employees Stock Purchase Scheme – 2025, allowing up to 50,000 new equity shares at a face value of Rs. 10 each. The scheme, administered by the Compensation Committee, includes a one-year lock-in period for shares. The company has also appointed a merchant banker for the scheme's implementation. There are no offers made under the scheme yet, and the pricing formula will be decided based on the market price with a minimum discount of 10%.