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Nitco Limited ( (IN:NITCO) ) has provided an update.
Nitco Limited has announced the allotment of 56,000 equity shares at a face value of ₹10 each, following the exercise of Employee Stock Options (ESOPs) under the Nitco Employee Stock Option Plan 2019. This move increases the company’s issued, subscribed, and paid-up equity share capital, reflecting its commitment to rewarding its employees and potentially enhancing employee retention and motivation.
More about Nitco Limited
Average Trading Volume: 19,532
Technical Sentiment Signal: Buy
Current Market Cap: 25.31B INR
For an in-depth examination of NITCO stock, go to TipRanks’ Overview page.