Greaves Cotton Limited — Others, 08-04-2025: ESOP/ESOS/ESPS

Greaves Cotton has announced a board meeting on the approval of the allotment of 3,01,149 equity shares under its Employee Stock Option Plan 2020. This allotment, priced at Rs. 2 each, results in a total value of Rs. 6,02,298. With this addition, the company's issued and paid-up capital rises to Rs. 46.56 crore, now comprising 23,27,82,735 shares.

This move enhances employee engagement and could positively influence morale and retention. It signals the company's commitment to rewarding key contributors, which may foster a positive outlook among investors, reflecting strong governance and growth potential.