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Carborundum Universal Expands Equity through ESOP Allotment

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Carborundum Universal Expands Equity through ESOP Allotment

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Carborundum Universal Limited ( (IN:CARBORUNIV) ) has shared an announcement.

Carborundum Universal Limited has announced the allotment of 6,876 equity shares at Re.1 each under its ESOP Plan 2016, following the exercise of stock options by grantees. This allotment increases the total number of outstanding equity shares to 19,04,47,864, reflecting the company’s ongoing commitment to employee engagement and shareholder value enhancement.

More about Carborundum Universal Limited

Carborundum Universal Limited operates in the industrial sector, focusing on the production and distribution of abrasives, ceramics, and electro minerals. The company serves various markets, including automotive, construction, and manufacturing, providing essential materials and solutions for industrial applications.

Average Trading Volume: 10,506

Technical Sentiment Signal: Hold

Current Market Cap: 165.1B INR

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

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