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Carborundum Universal Limited ( (IN:CARBORUNIV) ) has shared an announcement.
Carborundum Universal Limited has announced the allotment of 3,000 equity shares under its Employee Stock Option Plan (ESOP) 2016. This allotment increases the total number of outstanding equity shares to 19,04,40,988, reflecting a minor expansion in the company’s equity base, which may have implications for shareholder value and employee engagement.
More about Carborundum Universal Limited
Carborundum Universal Limited operates in the industrial manufacturing sector, focusing on the production of abrasives, ceramics, and electro minerals. The company serves a diverse range of industries, providing essential materials for various manufacturing processes.
Average Trading Volume: 11,376
Technical Sentiment Signal: Sell
Current Market Cap: 175.1B INR
For a thorough assessment of CARBORUNIV stock, go to TipRanks’ Stock Analysis page.