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Radico Khaitan Allots Equity Shares Under Employee Stock Option Scheme

Story Highlights
  • Radico Khaitan has allotted 10,028 equity shares to employees under its ESOP 2006.
  • The allotment increases Radico Khaitan’s paid-up equity share capital to 13,38,77,546 shares.
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Radico Khaitan Allots Equity Shares Under Employee Stock Option Scheme

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Radico Khaitan Limited ( (IN:RADICO) ) has provided an announcement.

Radico Khaitan Limited has announced the allotment of 10,028 equity shares to eligible employees under its Employee Stock Option Scheme, 2006. This move, approved by the company’s Nomination, Remuneration and Compensation Committee, increases the company’s paid-up equity share capital to 13,38,77,546 shares. The announcement reflects Radico Khaitan’s commitment to employee incentives and could potentially enhance employee satisfaction and retention, thereby positively impacting its operations and market positioning.

More about Radico Khaitan Limited

Radico Khaitan Limited is a prominent player in the Indian alcoholic beverages industry, primarily known for its production and distribution of spirits. The company focuses on delivering a range of high-quality liquor products and has a significant market presence in India.

Average Trading Volume: 9,465

Technical Sentiment Signal: Buy

Current Market Cap: 397.3B INR

Learn more about RADICO stock on TipRanks’ Stock Analysis page.

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