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SIS Limited Increases Paid-Up Capital After ESOP Share Allotment

Story Highlights
  • SIS Limited has allotted 181,889 equity shares upon exercise of employee stock options.
  • The company’s paid-up share capital rose to INR 705.9 million, slightly diluting existing shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SIS Limited Increases Paid-Up Capital After ESOP Share Allotment

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SIS Limited ( (IN:SIS) ) has shared an announcement.

SIS Limited has approved the allotment of 181,889 equity shares with a face value of INR 5 each following the exercise of employee stock options under its Employee Stock Option Plan. As a result of this issuance, the company’s paid-up share capital has increased to INR 705,912,905, comprising 141,182,581 equity shares, a modest equity expansion that reflects ongoing use of stock-based incentives and a slight dilution for existing shareholders.

More about SIS Limited

SIS Limited is an India-based company listed on both the National Stock Exchange of India and BSE, providing its services through a network anchored by offices in Bengaluru and Patna. The company operates with an established equity capital structure and uses employee stock option plans as part of its human capital and compensation strategy to align staff interests with long-term corporate performance.

Average Trading Volume: 2,482

Technical Sentiment Signal: Sell

Current Market Cap: 46.95B INR

See more insights into SIS stock on TipRanks’ Stock Analysis page.

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