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Newjaisa Technologies LimitedImportant, 17-04-2025: Updates

17-04-2025 · 03:02 pm

The Board of Directors of Newjaisa Technologies Limited has approved the allotment of 48,500 equity shares at a face value of INR 5 each to eligible employees under the Newjaisa Stock Option Plan 2023. Following this exercise of options, the company’s paid-up equity share capital has increased from INR 17.65 crore to INR 17.67 crore, totaling 3,53,54,300 equity shares. This move not only incentivizes employees but also strengthens retention strategies, reflecting a commitment to enhancing the workforce's value. Investors should view this as a positive indicator of the company's growth and employee engagement initiatives. Potential benefits include improved operational performance tied to motivated staff.

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