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Metro Brands Limited Announces Allotment of Equity Shares Under ESOP 2008

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Metro Brands Limited Announces Allotment of Equity Shares Under ESOP 2008

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The latest announcement is out from Metro Brands Ltd. ( (IN:METROBRAND) ).

Metro Brands Limited has announced the allotment of 15,697 equity shares under its Metro Stock Option Plan (ESOP 2008), following a resolution by the Share Allotment and Transfer Committee. This allotment increases the company’s paid-up share capital slightly, but it is not considered material to the company. The announcement reflects Metro Brands’ ongoing efforts to reward and incentivize its employees, potentially enhancing employee satisfaction and retention.

More about Metro Brands Ltd.

Metro Brands Limited operates in the retail industry, focusing on footwear and accessories. The company is listed on major stock exchanges in India, including BSE and NSE, and is known for its diverse range of products catering to various market segments.

Average Trading Volume: 6,345

Technical Sentiment Signal: Buy

Current Market Cap: 333.3B INR

For an in-depth examination of METROBRAND stock, go to TipRanks’ Overview page.

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