Yesterday, Welspun Enterprises granted 4,00,000 stock options under the ESOP scheme. On August 4, Welspun Corp granted 11 lakh stock options under ‘Welspun Employee Stock Option Plan 2005’ to Vipul Mathur, Managing Director and CEO, representing an equal number of equity shares of the face value of Rs 5 each in the Company, at an exercise price of Rs 100.

• NTPC Green Energy Adds 50 MW Solar Power in Rajasthan
• Coffee Day Enterprises Settles Rs 25 Cr Loan With Kemfin
• GST Collections Rise 14.7% to Rs 2.04 Lakh Crore in September
• GPT Infraprojects Bags Rs 385 Cr South Africa Rail Order
• Cabinet Backs Rs 1.86 Lakh Cr Plan for Green Power Grid

On August 18, Welspun Corp allotted 5,65,000 equity shares under ESOP on August 18 2022. Post this allotment, the paid-up equity share capital of the Company stand increased from Rs 130,47,46,975 divided in to 26,09,49,395 equity shares of Rs 5 each to Rs 130,75,71,975 divided in to 26,15,14,395 equity shares of Rs 5 each.