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Aditya Birla Capital Allots 1.2 Lakh Shares Under Employee Stock Schemes

Story Highlights
  • Aditya Birla Capital has issued 120,054 new equity shares under its 2017 and 2022 employee stock incentive schemes.
  • The allotment slightly increases paid-up equity capital, reinforcing equity-based compensation to align employees with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aditya Birla Capital Allots 1.2 Lakh Shares Under Employee Stock Schemes

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The latest announcement is out from Aditya Birla Capital Ltd. ( (IN:ABCAPITAL) ).

Aditya Birla Capital Limited has allotted a total of 120,054 equity shares of ₹10 each following the exercise of employee stock options, restricted stock units, and performance stock units under its 2017 and 2022 employee incentive schemes. The new shares, which will rank pari passu with the existing equity capital, marginally increase the company’s paid-up equity share capital from ₹26,17,14,50,820 to ₹26,17,26,51,360, reflecting the firm’s continued use of equity-based compensation to align employees with shareholder interests and support long-term value creation.

More about Aditya Birla Capital Ltd.

Aditya Birla Capital Limited is a diversified non-bank financial services company in India, offering a broad suite of financial products and services, including lending, asset management, insurance, and advisory solutions to retail, corporate, and institutional clients across domestic and international markets.

Average Trading Volume: 639,324

Technical Sentiment Signal: Buy

Current Market Cap: 905.7B INR

Find detailed analytics on ABCAPITAL stock on TipRanks’ Stock Analysis page.

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