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The latest announcement is out from Viyash Scientific ( (IN:VIYASH) ).
Viyash Scientific Limited has approved the allotment of 16,667 fully paid equity shares to eligible employees upon exercise of options under its SeQuent ESOP 2020 at an exercise price of Rs. 86 per share. Following this issuance, the company’s paid-up equity share capital will rise marginally, with the new shares ranking pari passu with existing equity, indicating a modest dilution and reinforcing the firm’s use of equity-based incentives to retain and motivate key personnel.
More about Viyash Scientific
Viyash Scientific Limited, formerly known as Sequent Scientific Limited, operates in the scientific and pharmaceutical sector and is listed on both the National Stock Exchange of India and BSE. The company appears to focus on research-driven activities, supported by an employee stock option plan designed to align staff interests with long-term shareholder value.
Average Trading Volume: 36,423
Technical Sentiment Signal: Hold
Current Market Cap: 84.28B INR
See more data about VIYASH stock on TipRanks’ Stock Analysis page.