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Wanbury LimitedBoard Meeting, 23-06-2025: Outcome of Board Meeting

23-06-2025 | 06:09 pm

Wanbury Limited has announced a board meeting where it approved the grant of 2.74 lakh stock options (ESOPs) to employees under its 2016 Employee Stock Option Plan, with options vesting over 1-3 years based on loyalty and performance criteria. The company also allotted 1.065 lakh equity shares to employees exercising their vested options at Rs.10 per share. Post allotment, the paid-up share capital increased to Rs.32.88 Cr from Rs.32.77 Cr. These moves aim to incentivize and retain talent by aligning employee interests with shareholders.

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