ALPHA TRIBE

Sheela Foam LimitedOthers, 29-04-2025: Options to purchase securities

29-04-2025 | 05:15 pm

Sheela Foam Limited has announced a board meeting regarding the allotment of 4,782 equity shares under the Employees Stock Option Plan 2022 (SF ESOP - 2022) to eligible employees who exercised their stock options. This action increases the company's share capital from ₹108.70 crore to ₹108.71 crore. Each share has a face value of ₹5 and will be identical to existing equity shares. This move is expected to boost employee engagement and align their interests with company performance, potentially enhancing workforce productivity and loyalty.

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