Senco Gold Limited allotted 88,340 equity shares under its ESOP Scheme 2018, with 84,240 shares at Rs. 125/- and 4,100 shares at Rs. 140.79/- exercise prices. The allotment increased the company's paid-up capital from Rs. 81,85,91,660 to Rs. 81,90,33,360, with total equity shares rising to 16,38,06,672. The newly issued shares rank pari-passu with existing equity shares and comply with SEBI listing regulations.

Senco Gold Limited Allots 88,340 Equity Shares Under Employee Stock Option Scheme

Senco Gold Limited Announces Employee Stock Option Scheme Allotment

Senco Gold Limited, a leading gold jewelry company, has recently announced the allotment of 88,340 equity shares to eligible employees under its Employee Stock Option Scheme 2018 (ESOP Scheme 2018).

The allotment was executed by the Nomination Remuneration and Compensation Committee of the Board of Directors of the Company.

Here are the key highlights of the allotment:

Number of Shares Allotted: 88,340 equity shares
Employee Stock Option Scheme: Employee Stock Option Scheme 2018 (ESOP Scheme 2018)
Committee Involved: Nomination Remuneration and Compensation Committee of the Board of Directors

The allotment of shares is a significant development for the Company's employees, providing them with an opportunity to own a part of the Company and participate in its growth and success.

Senco Gold Limited is a well-established gold jewelry company with a strong presence in India. The Company's commitment to employee welfare and development is evident through initiatives such as the ESOP Scheme 2018.