BlackBuck Allots 7.36 Lakh Shares Under ESOP Schemes

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SUMMARY

The company has allotted 5.25 Lakh equity shares to the eligible employees under ESOP 2016 while the remaining 2.10 Lakh equity shares have been allotted under ESOP 2019

Consequent to the above allotment, the company’s paid-up capital increased to INR 17.72 Cr from INR 17.64 Cr earlier

At the stock’s previous closing price, the newly allocated ESOP shares are worth nearly INR 30.5 Cr.

Zinka Logistics Solutions, the parent of logistics major BlackBuck has allotted 7.36 Lakh equity shares under its existing employee…



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BlackBuck Allots 7.36 Lakh Shares Under ESOP Schemes


SUMMARY

The company has allotted 5.25 Lakh equity shares to the eligible employees under ESOP 2016 while the remaining 2.10 Lakh equity shares have been allotted under ESOP 2019

Consequent to the above allotment, the company’s paid-up capital increased to INR 17.72 Cr from INR 17.64 Cr earlier

At the stock’s previous closing price, the newly allocated ESOP shares are worth nearly INR 30.5 Cr.

Zinka Logistics Solutions, the parent of logistics major BlackBuck has allotted 7.36 Lakh equity shares under its existing employee…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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