Vardhman Textiles Allots 1,94,000 Equity Shares Under Employee Stock Option Plan
Vardhman Textiles Limited announced the allotment of 1,94,000 equity shares to eligible employees following the exercise of their stock options. The allotment was formalized by the Company’s Committee of Directors during a meeting held on June 02, 2026.The shares are part of the 'Vardhman Textiles Limited Employee Stock Option Plan, 2024.' This significant employee benefits program allows employees to acquire company shares after exercising their stock options.
The Company confirmed that the shares allotted to the eligible employees rank pari passu with the existing equity shares of Vardhman Textiles Limited in all respects.
The key details of the share allotment are as follows:
| Parameter | Detail |
|---|---|
| Allotted Shares | 1,94,000 Equity shares |
| Face Value per Share | Rs. 2 |
| Plan Reference | Vardhman Textiles Limited Employee Stock Option Plan, 2024 |
| Committee Meeting Date | June 02, 2026 |
VTL Stock Price Movement
As of 11:40 AM, shares of Vardhman Textiles Limited are slipping by 0.05% in live trading, currently hovering at ₹599.3. The stock is trading on a solid volume of 134,824 shares, indicating sustained selling pressure throughout the live market 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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