Polycab India Allots 16,900 Equity Shares To Employees As Stock Option

Polycab India Allots 16,900 Equity Shares To Employees As Stock Option

The face value of the equity shares will be Rs 10 each.

FPJ Web DeskUpdated: Friday, August 18, 2023, 06:50 PM IST
article-image
Polycab India Allots 16,900 Equity Shares To Employees As Stock Option | File

Polycab India on Friday announced that the Finance and Operations Committee at its Meeting held on today, had allotted in aggregate 16,900 Equity Shares of face value of ₹10 each to the eligible employees who had exercised their options under Polycab Employee Stock Option Performance Scheme 2018, the company announced through an exchange filing.

The face value of the equity shares will be Rs 10 each.

Polycab India Ltd shares

The shares of polycab India on Friday at 3:30pm were at Rs 4,773.00, down by 0.93 percent.

RECENT STORIES

Ashika Investment Managers Unveils Mid & Small Cap Fund, Aims To Tap India’s Fast-Growing Emerging...

Ashika Investment Managers Unveils Mid & Small Cap Fund, Aims To Tap India’s Fast-Growing Emerging...

Rupee Rebounds 19 Paise To Close Below 90 On Suspected RBI Intervention And Softer US Dollar Index

Rupee Rebounds 19 Paise To Close Below 90 On Suspected RBI Intervention And Softer US Dollar Index

Markets Snap Four-Day Fall, IT Stocks Lift Indices, Traders Cautious Ahead Of RBI Decision

Markets Snap Four-Day Fall, IT Stocks Lift Indices, Traders Cautious Ahead Of RBI Decision

New Labour Codes To Transform Employment Rules, Draft Regulations To Be Finalised Soon

New Labour Codes To Transform Employment Rules, Draft Regulations To Be Finalised Soon

'Honest Taxpayers Can Do Business With Dignity': Union Minister

'Honest Taxpayers Can Do Business With Dignity': Union Minister