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Poonawalla Fincorp Expands Equity Through Employee Stock Options

Story Highlights
  • Poonawalla Fincorp allotted 49,390 shares under its Employee Stock Option Schemes.
  • The company’s equity share capital increased to Rs. 1,625,173,630 following this allotment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Poonawalla Fincorp Expands Equity Through Employee Stock Options

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An update from Poonawalla Fincorp Limited ( (IN:POONAWALLA) ) is now available.

Poonawalla Fincorp Limited has announced the allotment of 49,390 equity shares under its Employee Stock Option Schemes, as approved by the Nomination and Remuneration Committee. This move increases the company’s issued, subscribed, and paid-up equity share capital to Rs. 1,625,173,630, reflecting a strategic effort to enhance employee engagement and align interests with company growth.

More about Poonawalla Fincorp Limited

Poonawalla Fincorp Limited operates in the financial services industry, primarily focusing on providing various financial products and services. The company is known for its offerings in the non-banking financial sector, catering to diverse customer needs with a range of financial solutions.

Average Trading Volume: 212,063

Technical Sentiment Signal: Buy

Current Market Cap: 381.9B INR

See more data about POONAWALLA stock on TipRanks’ Stock Analysis page.

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