NSE Grants In-Principle Approval for Maxvolt Energy Industries' ESOP Shares
The National Stock Exchange of India Limited (NSE) has provided in-principle approval to Maxvolt Energy Industries Limited regarding the listing of equity shares intended for employees under the MEIL ESOP 2025.The approval covers a maximum of 820,726 equity shares of Maxvolt Energy Industries Limited, with each share having a face value of Rs 10/-.
This approval pertains to the proposed issuance of these shares as part of the Employee Stock Option Plan (ESOP) for MEIL 2025.
The details of the in-principle approval are summarized below:
| Parameter | Detail |
|---|---|
| Company Name | Maxvolt Energy Industries Limited |
| Approved Shares Limit | 820,726 Equity Shares |
| Face Value per Share | Rs 10/- each |
| Purpose of Issue | MEIL ESOP 2025 |
The granting of in-principle approval by the Exchange is subject to the completion of various compliances and guidelines as required under relevant regulations.
MAXVOLT Stock Price Movement
Shares of Maxvolt Energy Industries Limited slipped by 1.89% on Friday, concluding trading at ₹332.35 after shedding ₹6.40 from the previous close. The equity saw activity involving 12,400 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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