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An announcement from TD Power Systems Limited ( (IN:TDPOWERSYS) ) is now available.
TD Power Systems Limited has announced the grant of 22,500 Equity Settled Appreciation Rights (ESARs) to an eligible employee under its 2019 Equity Based Compensation Plan. This move is part of a broader strategy, with a total of 20,45,580 ESARs granted to date, aimed at aligning employee interests with company performance. The ESARs are set to vest over three years and are exercisable within four years from vesting, reflecting the company’s commitment to long-term growth and employee retention.
More about TD Power Systems Limited
TD Power Systems Limited operates in the industrial sector, focusing on the production and supply of electric generators and related equipment. The company is known for its expertise in manufacturing AC generators for various applications, catering to both domestic and international markets.
Average Trading Volume: 47,495
Technical Sentiment Signal: Buy
Current Market Cap: 90.2B INR
See more data about TDPOWERSYS stock on TipRanks’ Stock Analysis page.