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Pitti Engineering Ltd. ( (IN:PITTIENG) ) has provided an announcement.
Pitti Engineering Ltd. announced the approval of its first grant of 787,500 employee stock options under the Pitti ESOP Scheme 2024, with an exercise price of ₹736.72. This initiative, approved by the Nomination and Remuneration Committee, aims to incentivize eligible employees of the company and its subsidiaries, potentially enhancing employee engagement and retention, while aligning their interests with the company’s growth objectives.
More about Pitti Engineering Ltd.
Pitti Engineering Ltd. operates in the engineering industry, focusing on manufacturing and supplying a range of engineering products and services. The company is known for its expertise in producing electrical laminations, stator and rotor core assemblies, die-cast rotors, and press tools, catering to various sectors including industrial, automotive, and power generation.
YTD Price Performance: -30.77%
Average Trading Volume: 3,650
Current Market Cap: 34.77B INR
Find detailed analytics on PITTIENG stock on TipRanks’ Stock Analysis page.