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Sansera Engineering Limited ( (IN:SANSERA) ) has issued an update.
Sansera Engineering Limited has granted 25,000 stock options under its 2018 employee stock option plan at an exercise price of Rs. 1,699.20 per option, vesting in four equal annual instalments and exercisable within three years of vesting. The company has also allotted 107,780 equity shares of Rs. 2 each upon exercise of previously vested options, marginally expanding its equity base and reinforcing stock-based compensation as a tool for employee retention and alignment with shareholder interests.
More about Sansera Engineering Limited
Sansera Engineering Limited is an India-based manufacturer in the engineering and automotive components space, with operations centered in Bangalore. The company focuses on precision-engineered products for OEMs and related industries, and is listed on both the National Stock Exchange of India and BSE under the symbol SANSERA and code 543358.
Average Trading Volume: 16,659
Technical Sentiment Signal: Buy
Current Market Cap: 134.3B INR
For detailed information about SANSERA stock, go to TipRanks’ Stock Analysis page.