ESOP25 Aug 2026, 03:19 pm
Transwarranty Finance Approves ESOP Grant & Share Capital Increase
AI Summary
Transwarranty Finance Ltd's Board of Directors met on August 25, 2026, approving the grant of 2,96,040 stock options to eligible employees under its ESOP Scheme 2019. The board also approved an increase in the authorized share capital from ₹61 Crores to ₹65 Crores, subject to shareholder approval at the upcoming AGM. This move involves altering the company's Memorandum and Articles of Association. The meeting was brief, commencing at 2:50 PM and concluding at 3:05 PM.
Key Highlights
- Board approved grant of 2,96,040 ESOPs to employees.
- Authorized share capital increased from ₹61 Cr to ₹65 Cr.
- Share capital increase requires shareholder approval at AGM.
- Company remains compliant with SEBI ESOP regulations.
Price Impact
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