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Sterlite Technologies Limited ( (IN:STLTECH) ) just unveiled an announcement.
Sterlite Technologies Limited has announced the allotment of 34,381 equity shares under its Employee Stock Option Scheme – 2010. This allotment increases the company’s total share capital to 487,921,086 shares, with the newly allotted shares holding equal status to existing shares. This move reflects the company’s ongoing commitment to employee engagement and retention through stock-based incentives, potentially strengthening its market position and aligning employee interests with shareholder value.
More about Sterlite Technologies Limited
Sterlite Technologies Limited operates in the technology sector, focusing on providing digital network solutions. The company’s primary products and services include optical fiber cables, network design and deployment, and software solutions for telecommunications and data network management.
YTD Price Performance: -29.96%
Average Trading Volume: 463,651
Current Market Cap: 39.59B INR
For an in-depth examination of STLTECH stock, go to TipRanks’ Stock Analysis page.