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S Chand And Company informs about allotment of equity shares under ESOP

19 Nov 2022 Evaluate

S Chand And Company has informed that the Board of Directors of the Company by passing resolution by circulation on November 19, 2022 has approved the allotment of 1,13,000 equity shares of Rs 5 each against the stock options granted to eligible employees of the Company and its subsidiaries who have exercised the stock options vested to them under Employees Stock Option Plan 2018. Consequent to said allotment the issued, subscribed and paid-up equity share capital of the Company would be increased from Rs 175,216,680 to Rs 175,781,680. The detailed disclosure regarding this matter as per Schedule m of the Listing Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed as Annexure I. The details as required under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 are enclosed as Annexure - II.

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



S Chand And Co Share Price

166.75 2.90 (1.77%)
17-Apr-2026 16:59 View Price Chart
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