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Aditya Birla Capital Ltd. ( (IN:ABCAPITAL) ) just unveiled an announcement.
Aditya Birla Capital Limited has allotted 116,888 new 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, with all newly issued shares ranking pari passu with existing equity shares. As a result of this allotment, the company’s paid-up equity share capital has marginally increased from ₹26,17,48,74,890 to ₹26,17,60,43,770, reflecting a small equity dilution as part of its ongoing use of stock-based compensation to align employee interests with shareholder value.
More about Aditya Birla Capital Ltd.
Aditya Birla Capital Limited is a diversified non-banking financial services company in India, offering a broad suite of financial products and services across lending, asset management, insurance, and advisory solutions to retail and institutional customers. It operates under the Aditya Birla Group umbrella, with its equity shares listed on Indian stock exchanges and depository receipts listed overseas.
Average Trading Volume: 202,083
Technical Sentiment Signal: Buy
Current Market Cap: 913.5B INR
See more insights into ABCAPITAL stock on TipRanks’ Stock Analysis page.