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Swaraj Engines Ltd ( (IN:SWARAJENG) ) just unveiled an update.
Swaraj Engines Limited has allotted 2,399 equity shares of Rs 10 each to eligible employees who exercised their stock options under the company’s Employee Stock Option Scheme 2015, following approval by the Nomination and Remuneration Committee via circular resolution dated 19 December 2025. The relatively small equity issuance reflects the company’s ongoing use of stock-based compensation to align employee interests with shareholders and to incentivise key staff, with only a marginal impact expected on the overall share capital and ownership structure.
More about Swaraj Engines Ltd
Swaraj Engines Limited is an Indian manufacturer in the automotive and industrial machinery segment, focused on producing engines and related components from its facilities in Mohali, near Chandigarh, Punjab. The company’s shares are listed on both BSE and NSE under the scrip code 500407 and name SWARAJENG, giving it access to a broad base of public and institutional investors in the domestic capital markets.
Average Trading Volume: 1,460
Technical Sentiment Signal: Buy
Current Market Cap: 44.11B INR
See more insights into SWARAJENG stock on TipRanks’ Stock Analysis page.