StockWatch
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IT Enabled Services
ESOP4 Aug 2026, 03:59 pm

Sasken Technologies Allots 5,020 Equity Shares

AI Summary

Sasken Technologies Ltd announced on August 3, 2026, the allotment of 5,020 equity shares of ₹10 face value each to its employees. This allotment is part of the Sasken Employees Share Based Incentive Plan, 2016. The company's total issued shares will increase to 15,191,491, and the issued share capital will rise to ₹151,914,910. The shares are identical to existing ones and were issued at par. The company will seek listing of these shares upon credit to the allottees' demat accounts.

Key Highlights

  • 5,020 equity shares allotted to employees.
  • Allotment under Sasken Employees Share Based Incentive Plan, 2016.
  • Total issued shares increase to 15,191,491.
  • Issued share capital rises to ₹151,914,910.
  • Shares issued at par, identical to existing ones.