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BlackBuck Limited Allots 167,351 Shares and Renames ESOP Schemes

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BlackBuck Limited Allots 167,351 Shares and Renames ESOP Schemes

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Zinka Logistics Solutions Limited ( (IN:BLACKBUCK) ) has provided an update.

BlackBuck Limited has announced the allotment of 167,351 equity shares to its employees under its Employee Stock Option Schemes from 2016 and 2019. This move, approved by the Nomination and Remuneration Committee, increases the company’s equity share capital and reflects its commitment to employee incentives and retention. Additionally, the company has renamed its ESOP schemes to align with its recent rebranding from Zinka Logistics Solutions Limited to BlackBuck Limited, while maintaining compliance with SEBI regulations.

More about Zinka Logistics Solutions Limited

Zinka Logistics Solutions Limited, now known as BlackBuck Limited, operates in the logistics industry, providing transportation solutions. The company focuses on leveraging technology to streamline logistics operations and enhance supply chain efficiency.

Average Trading Volume: 282,913

Technical Sentiment Signal: Strong Buy

Current Market Cap: 106.2B INR

See more insights into BLACKBUCK stock on TipRanks’ Stock Analysis page.

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