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An update from Kfin Technologies Limited ( (IN:KFINTECH) ) is now available.
KFin Technologies Limited has allotted 55,879 equity shares of face value Rs. 10 each following the exercise of stock options granted under the KFin Employee Stock Option Plan 2020 by eligible employees. As a result of this allotment, the company’s issued, subscribed, and paid-up equity share capital has increased from Rs. 1,72,40,10,070 (17,24,01,007 shares) to Rs. 1,72,45,68,860 (17,24,56,886 shares), reflecting a modest equity dilution and reinforcing the firm’s use of stock-based compensation to align employee incentives with shareholder interests.
More about Kfin Technologies Limited
KFin Technologies Limited operates in the financial services and capital markets infrastructure sector, providing registrar and transfer agency services, as well as related technology and outsourcing solutions to issuers, asset managers, and other market participants in India.
Average Trading Volume: 52,549
Technical Sentiment Signal: Hold
Current Market Cap: 178.2B INR
See more insights into KFINTECH stock on TipRanks’ Stock Analysis page.