FilingReader Intelligence

Polycab India allots equity shares under employee stock option scheme

October 18, 2025 at 11:49 AM UTCBy FilingReader AI

Polycab India Limited has announced the allotment of 5,980 equity shares to employees under its Employee Stock Option Performance Scheme 2018. This allotment, approved by the finance and operations committee on October 18, 2025, consists of shares with a face value of ₹10/- each.

The shares have been allotted to eligible employees who exercised their options as part of the scheme. This move is consistent with the company's employee incentive program designed to align employee interests with shareholder value creation.

The company has informed both the BSE Limited and the National Stock Exchange of India Limited about this allotment for their records.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:POLYCABBombay Stock Exchange

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