ESOP10 April 2026 at 02:21 pm
Laxmi Dental gets BSE in-principle nod for 5 lakh ESOP shares listing
AI Summary
Laxmi Dental Ltd has received in-principle approval from BSE Limited for the listing of 500,000 equity shares. These shares, each with a face value of ₹2, are proposed to be issued under the Laxmi Dental Employee Stock Option Scheme 2024. The approval, dated April 10, 2026, allows the company to proceed with the listing, subject to fulfilling various conditions. These conditions include payment of prescribed fees, obtaining all necessary statutory and other approvals, and ensuring compliance with SEBI regulations, the Companies Act, and other applicable laws and exchange guidelines. This move facilitates the implementation of the employee stock option scheme, promoting employee ownership and retention.
Key Highlights
- BSE granted in-principle approval for ESOP shares.
- 500,000 equity shares under ESOP Scheme 2024.
- Shares have a face value of ₹2 each.
- Listing is subject to regulatory compliance and fee payment.
- Facilitates employee ownership and retention.