Envirotech Systems Limited Receives In-Principle Approval for Listing of ESOP Shares
Envirotech Systems Limited has secured In-Principle Approval from the National Stock Exchange of India Limited (NSE) for the listing of a significant portion of its equity shares. The approval pertains to shares to be allotted to employees under the company's Envirotech Employee Stock Option Plan 2025.The NSE granted the approval for listing up to a maximum of 9,39,500 equity shares of Envirotech Systems Limited. These shares, each having a face value of Rs. 10, are set to be allotted under the terms of the Envirotech Employee Stock Option Plan 2025 (ESOP 2025).
The approval confirms the eligibility of these shares for listing, subject to the fulfillment of the relevant terms and conditions stipulated by the Exchange.
Details of the Approved Shares
The primary details of the securities covered by the in-principle approval are as follows:| Parameter | Detail |
|---|---|
| Company | Envirotech Systems Limited |
| Symbol | ENVIRO |
| Maximum Shares Approved | 9,39,500 |
| Face Value Per Share | Rs. 10/- |
| Allotment Plan | Envirotech Employee Stock Option Plan 2025 (ESOP 2025) |
The ESOP 2025 is the mechanism through which the company plans to allot these equity shares to its employees.
ENVIRO Stock Price Movement
Shares of Envirotech Systems Limited today slipped by 1.74% to settle at ₹112.3. The stock saw a total traded volume of 5,000 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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