ALPHA TRIBE

Advait Energy Transitions LtdImportant, 15-12-2025: Company Update

15-12-2025 | 06:49 pm

Advait Energy Transitions Limited's Board has approved the allotment of 420 new equity shares to employees who exercised stock options under its ESOP 2022 scheme. The shares, issued at an exercise price of Rs. 10 each, increase the company's issued and paid-up equity capital to Rs. 10.94 Cr, totaling 1,09,37,381 shares. This allotment, which generated Rs. 4,200, is part of a broader scheme covering 2,00,000 shares. The ESOP aims to motivate and retain employees, align their interests with long-term shareholder value, and foster a sense of ownership within the company.

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