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An announcement from Manorama Industries Ltd. ( (IN:MANORAMA) ) is now available.
Manorama Industries Limited has announced the allotment of 94,480 equity shares to its employees under the MIL ESOP 2021 plan. This move, approved by the company’s Nomination and Remuneration Committee, increases the company’s issued and paid-up equity share capital to Rs. 11,94,17,060. The allotment reflects the company’s commitment to employee incentives and may enhance its market positioning by aligning employee interests with corporate growth.
More about Manorama Industries Ltd.
Manorama Industries Limited is a company recognized as a Government of India Star Export House, with certifications including FSSC 22000, ISO 9001, ISO 14001, ISO 4500, RSPO, HALAL, KOSHER, FAIRTRADE, ORGANIC, and FSSAI. The company is registered with EcoVadis and Sedex and operates in the manufacturing sector, focusing on the production and export of specialized products.
Average Trading Volume: 15,120
Technical Sentiment Signal: Buy
Current Market Cap: 78.93B INR
Learn more about MANORAMA stock on TipRanks’ Stock Analysis page.