Navin Fluorine issues equity under employee stock option scheme
Navin Fluorine International Limited announced its Nomination and Remuneration Committee allotted 8,500 equity shares to eligible employees on October 29, 2025. This allotment was made under the Employees' Stock Option Scheme 2017 following the exercise of stock options by the employees.
The newly allotted equity shares, each with a face value of ₹2, will rank pari-passu with existing equity shares. This issuance increases the company's paid-up share capital to ₹10,24,70,188. This total comprises 5,12,31,064 fully paid equity shares of ₹2 each and 8,060 partly paid equity shares of ₹2 each, on which ₹1 per share has been paid.
This action reflects the company's ongoing commitment to its employee incentive programs, enhancing employee ownership and aligning interests with shareholder value. The announcement was made to both BSE Limited and the National Stock Exchange of India Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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