Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Campus Activewear Ltd. ( (IN:CAMPUS) ) has provided an update.
Campus Activewear Limited has allotted 62,873 equity shares of Rs 5 each to eligible employees upon exercise of options granted under its Employee Stock Option Plan 2021 and ESOP 2021 – Vision Pool, leading to a marginal increase in its paid-up share capital from Rs 1,52,76,51,660 to Rs 1,52,79,66,025 and the total number of equity shares from 30,55,30,332 to 30,55,93,205. In addition, the Nomination and Remuneration Committee has granted 69,000 new options to one employee under the Vision Pool at an exercise price of Rs 197.16 per share with a four-year vesting at 25% annually, underscoring Campus Activewear’s continued use of equity-based compensation to reward and retain talent while slightly diluting share capital for existing shareholders.
More about Campus Activewear Ltd.
Campus Activewear Limited is a listed Indian company in the footwear and athleisure segment, with its equity shares traded on BSE and the National Stock Exchange of India under the symbol CAMPUS. The company operates employee stock option schemes to incentivise and retain key talent, reflecting a focus on long-term employee alignment and shareholder value creation in the competitive activewear market.
Average Trading Volume: 14,488
Technical Sentiment Signal: Sell
Current Market Cap: 76.55B INR
See more insights into CAMPUS stock on TipRanks’ Stock Analysis page.