Dmart allots over 4 lakh shares to employees as stock option

Dmart allots over 4 lakh shares to employees as stock option

The company's Emlpoyee Stock Option Committee approved the allotment under the ESOPS 2016 scheme.

FPJ Web DeskUpdated: Wednesday, May 31, 2023, 04:43 PM IST
article-image
Dmart allots over 4 lakh shares to employees as stock option | Photo: dmart.com

Avenue Supermarts Limited on Wednesday apporved allotment of 4,90,116 equity shares of Rs. 10/- each at an exercise price of Rs. 299/- per equity share to eligible employees stock options to eligible employees, the company announced through an exchange filing.

The company's Emlpoyee Stock Option Committee approved the allotment under the ESOPS 2016 scheme.

With this allotment the paid-up share capital of the company stands increased to Rs. 6,503,737,030.

Avenue Supermarts Ltd shares

The shares of Avenue Supermarts Ltd at 3:30pm IST were at Rs 3,454.00, down by 1.53 per cent.

RECENT STORIES

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges

Land Rover Defender Octa: Most Powerful Version Set to Debut on July 3rd

Land Rover Defender Octa: Most Powerful Version Set to Debut on July 3rd

UK-TIK TOK Ban: How Other Countries are Restricting it

UK-TIK TOK Ban: How Other Countries are Restricting it

Shriram Finance Q4 Results Announces a 150% Dividend, 450% Dividend in a Year

Shriram Finance Q4 Results Announces a 150% Dividend, 450% Dividend in a Year