ALPHA TRIBE

Onward Technologies LimitedQIP/Rights/Pref., 30-04-2025: Allotment of Securities

30-04-2025 | 12:24 pm

Onward Technologies has announced a board meeting regarding the allotment of 6,000 equity shares under the Employee Stock Option Scheme, 2019, at an issue price of ₹20 (₹10 face value + ₹10 premium) each to eligible employees. Post-allotment, the total issued share capital stands at ₹22.69 crore. This issuance maintains the promoter holding and underscores the company's commitment to employee engagement, while also highlighting potential fund infusion through premium receipts.

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