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Affle (India) Ltd. Allots Shares Under Employee Stock Option Scheme

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Affle (India) Ltd. Allots Shares Under Employee Stock Option Scheme

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Affle (India) Ltd. ( (IN:AFFLE) ) has provided an announcement.

Affle (India) Ltd. has announced the allotment of 35,918 equity shares under its Employee Stock Option Scheme, 2021, to the Employees’ Welfare Trust. This move increases the company’s share capital and is part of its ongoing efforts to enhance employee engagement and retention. The company is in the process of listing these shares on the NSE and BSE, although it notes that this allotment is not material in nature.

More about Affle (India) Ltd.

Affle (India) Ltd. operates in the technology and digital advertising industry, offering mobile marketing services and solutions. The company focuses on consumer intelligence-driven platforms that help businesses enhance their advertising strategies and consumer engagement.

Average Trading Volume: 23,418

Technical Sentiment Signal: Buy

Current Market Cap: 236.9B INR

For a thorough assessment of AFFLE stock, go to TipRanks’ Stock Analysis page.

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