Syschem India Ltd

Syschem India Ltd

Syschem India Ltd allotted 2,50,000 equity shares of ₹10 each to 9 eligible employees at par, following the exercise of vested stock options under its ESOP Scheme_2024. This action increased the company's issued, subscribed, and paid-up equity share capital from ₹49.01 crore to ₹49.26 crore. The allotment generated ₹25 lakh for the company. These new shares will rank pari passu with existing equity shares, fostering employee ownership and slightly enhancing the capital base.

Syschem India Ltd

Syschem India Ltd's Board of Directors approved the allotment of 2,50,000 equity shares of face value ₹10 each to 9 eligible employees. These shares were allotted upon the exercise of vested stock options under the Company's ESOP Scheme_2024, generating ₹25,00,000 for the company. Consequently, the issued, subscribed, and paid-up equity share capital increased from ₹49,01,30,000 to ₹49,26,30,000, and the newly allotted shares will rank pari passu with existing equity shares.