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International Conveyors Ltd. ( (IN:INTLCONV) ) just unveiled an update.
International Conveyors Limited has allotted 402,000 fully paid-up equity shares of face value Re 1 each to non-executive director Udit Sethia following the exercise of options granted under the company’s ICL Employee Stock Option Plan 2020. The issuance, approved by the board via circular resolution on 22 December 2025, increases the company’s paid-up equity share capital from 63,379,000 to 63,781,000 shares, modestly diluting existing holdings while reinforcing the firm’s use of equity-based incentives in line with SEBI’s share-based employee benefit regulations.
More about International Conveyors Ltd.
International Conveyors Limited is an India-listed company whose equity shares trade on both BSE and the National Stock Exchange of India. The company operates under the symbol INTLCONV and is governed by Indian securities regulations applicable to listed entities, including share-based employee benefit frameworks.
Average Trading Volume: 28,426
Technical Sentiment Signal: Strong Buy
Current Market Cap: 5.77B INR
See more insights into INTLCONV stock on TipRanks’ Stock Analysis page.