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An update from S.J.S. Enterprises Limited ( (IN:SJS) ) is now available.
S.J.S. Enterprises Limited has approved the allotment of 20,500 equity shares following the exercise of vested employee stock options granted under its 2021 Employee Stock Option Plan. The newly issued shares have a face value of Rs. 10 each and will rank pari passu with the company’s existing equity shares in all respects.
As a result of this ESOP-driven issuance, the company’s paid-up equity share capital has increased from Rs. 31,97,62,790 to Rs. 31,99,67,790, with the total number of issued shares rising from 3,19,76,279 to 3,19,96,779. This incremental dilution reflects ongoing use of equity-based compensation to incentivize and retain employees while marginally expanding the company’s equity base for shareholders.
More about S.J.S. Enterprises Limited
S.J.S. Enterprises Limited is an India-listed company whose equity shares trade on both BSE and the National Stock Exchange of India. The company operates under the symbol SJS with ISIN INE284S01014 and maintains its registered office in Bangalore, positioning it within the formal corporate and regulatory framework of the Indian capital markets.
Average Trading Volume: 7,735
Technical Sentiment Signal: Buy
Current Market Cap: 50.5B INR
See more insights into SJS stock on TipRanks’ Stock Analysis page.