Shri Gang Industries & Allied Products Ltd — Important, 13-11-2025: Company Update

SHRI GANG INDUSTRIES has announced that its Nomination and Remuneration Committee allotted 0.75 Cr sweat equity shares to Mr. Varun Gupta, the Chief Operating Officer and promoter group member. These shares were issued at Rs. 99 per share, with a fair market value of INR 97.86, for non-cash consideration. This allotment recognizes and incentivizes a key executive. Post-allotment, Mr. Gupta's shareholding will be 3.38% of the company's fully diluted equity capital, reflecting a direct interest alignment with company growth.