Board Meeting25 Aug 2026, 03:20 pm
Transwarranty Finance Approves ESOP Grant & Share Capital Increase
AI Summary
Transwarranty Finance Ltd announced outcomes from its Board Meeting held on August 25, 2026. The Board approved the grant of stock options to eligible employees under the ESOP Scheme 2019, involving 2,96,040 options. Additionally, the company resolved to increase its authorized share capital from ₹61 Crores to ₹65 Crores, subject to shareholder approval at the upcoming Annual General Meeting. This increase will result in an additional 4,00,000 equity shares. The company also confirmed compliance with SEBI regulations regarding share-based employee benefits.
Key Highlights
- Board approved grant of 2,96,040 stock options under ESOP Scheme 2019.
- Authorized share capital to increase from ₹61 Cr to ₹65 Cr.
- Consequent alteration of Memorandum and Articles of Association approved.
- Shareholder approval required for capital increase at AGM.
- Company confirmed compliance with SEBI (Share Based Employee Benefits) Regulations, 2021.
Price Impact
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