SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Magma Fincorp informs about grant of options under ESOP scheme

20 Nov 2019 Evaluate

Magma Fincorp has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company which have been authorized in this regard, through resolution passed by circulation on 19 November 2019 have granted 10,01,711 options under Magma Employee Stock Option Plan 2007 to the eligible employees of the Company. The grant of the above Options are in line with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 as amended from time to time and with the corresponding provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014. The stock options shall vest as per the vesting schedule as approved by the Nomination and Remuneration Committee of the Board. 

The above information is a part of company’s filings submitted to BSE.

Poonawalla Fincorp Share Price

414.00 6.75 (1.66%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×