Polycab allots equity shares under employee stock option plan

Polycab India Limited (BSE: POLYCAB) announced the allotment of 1,500 equity shares on March 19, 2025, to eligible employees who exercised their options under the Polycab Employee Stock Option Performance Scheme 2018. The shares, each with a face value of ₹10, were allotted following a meeting of the Finance and Operations Committee. This information was formally disclosed to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The company has requested that the exchanges record this allotment.