ESOP/ESOS/ESPS

VA Tech Wabag Limited announced the allotment of 39,113 new equity shares following the exercise of stock options. The company's Board of Directors approved this issuance, with each share having a face value of INR 2. These shares were granted to eligible employees under the "WABAG Centenary Stock Option Scheme 2023." For investors, this signifies an increase in the company's outstanding shares, reflecting employee participation and alignment with company performance.