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Samhi Hotels Limited ( (IN:SAMHI) ) has issued an update.
Samhi Hotels Limited has increased its equity base by allotting 928,582 new shares with a face value of ₹1 each, following the exercise of options granted under its Employees Stock Option Plan 2023. The newly issued shares, which have received in-principle approvals from both BSE and NSE, carry no lock-in period and rank pari passu with existing equity shares.
With this allotment, the company’s issued, subscribed, and paid-up share capital has risen from ₹22.12 crore to ₹22.21 crore, reflecting a modest dilution in equity to accommodate employee ownership. The move underscores Samhi Hotels’ use of share-based incentives to retain and reward talent, aligning employee interests with long-term shareholder value in a competitive hospitality market.
More about Samhi Hotels Limited
Samhi Hotels Limited operates in the hospitality sector, focusing on owning and managing hotel assets in India. The company leverages branded hotel properties and works with institutional investors to build a scalable portfolio across key urban and business travel markets.
Average Trading Volume: 54,608
Technical Sentiment Signal: Sell
Current Market Cap: 30.57B INR
For an in-depth examination of SAMHI stock, go to TipRanks’ Overview page.