Crompton allots share worth Rs 1.45 lakh to employees as stock options

Crompton allots share worth Rs 1.45 lakh to employees as stock options

The shares worth Rs 2 were allocated under the Employee Stock Option Scheme 2016.

FPJ Web DeskUpdated: Sunday, March 26, 2023, 04:59 PM IST
article-image
Crompton allots share worth Rs 1.45 lakh to employees as stock options | Facebook

Crompton Greaves Consumer Electricals Limited on Sunday allocated 72,875 shares worth Rs 1,45,750 to employees as stock option, the company announced through an exchange filing. The shares worth Rs 2 were allocated under the Employee Stock Option Scheme 2016.

After this allotment the paid-up capital for the company increased to Rs 1,27,21,18,148 divided into 63,60,59,074 shares of Rs 2 each.

Crompton on Saturday announced a merger with Butterfly Appliances.

Crompton shares

The shares of Crompton Greaves Consumer Electricals Limited on Friday closed at Rs 291.50, up by 0.034 per cent.

RECENT STORIES

Punjab National Bank Reports 14% Rise In Net Profit At ₹4,904 Crore For September Quarter FY26

Punjab National Bank Reports 14% Rise In Net Profit At ₹4,904 Crore For September Quarter FY26

ICICI Bank Announces 3.2% To ₹13,357 Crore Profit For September Quarter

ICICI Bank Announces 3.2% To ₹13,357 Crore Profit For September Quarter

Realty Firm Signature Global Raises ₹875 Crore To Repay Existing Debt & Expand Business

Realty Firm Signature Global Raises ₹875 Crore To Repay Existing Debt & Expand Business

Inflation Burden Decreases, Rural Laborers Sigh In Relief: Ministry Of Labor & Employment

Inflation Burden Decreases, Rural Laborers Sigh In Relief: Ministry Of Labor & Employment

Positive Consumption Boost Of ₹20 Lakh Crore Likely: Center

Positive Consumption Boost Of ₹20 Lakh Crore Likely: Center