ALPHA TRIBE

Poonawalla Fincorp LimitedOthers, 24-04-2025: ESOP/ESOS/ESPS

24-04-2025 | 10:04 pm

The Nomination and Remuneration Committee of Poonawalla Fincorp has allotted 187,825 equity shares under its Employee Stock Option Plan - 2021, increasing the company's paid-up equity share capital to ₹155.64 crores, comprising 77.82 crores equity shares of ₹2 each. This move could enhance employee engagement and retention, aligning their interests with shareholder value. From an investor perspective, this announcement fosters a positive outlook as it reflects the company's commitment to rewarding its employees, which may bolster operational performance and overall shareholder confidence.

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