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The latest announcement is out from Prataap Snacks Ltd. ( (IN:DIAMONDYD) ).
Prataap Snacks has allotted 6,981 equity shares to eligible employees following the exercise of Employee Stock Appreciation Rights granted under its 2018 ESAR plan. The new shares, issued at a face value of Rs. 5 and ranking pari passu with existing equity, increase the company’s paid-up share capital to Rs. 11.95 crore and total equity shares to 2,39,10,527, modestly diluting equity while reinforcing its employee incentive framework.
More about Prataap Snacks Ltd.
Prataap Snacks Ltd. is an Indian packaged foods company known for its Yellow Diamond brand of snacks. Listed on the National Stock Exchange and BSE, the company focuses on the growing domestic snack food market, offering a range of products to consumers across India from its base in Indore, Madhya Pradesh.
Average Trading Volume: 8,679
Technical Sentiment Signal: Hold
Current Market Cap: 23.74B INR
For an in-depth examination of DIAMONDYD stock, go to TipRanks’ Overview page.