Transwarranty Finance Limited granted 296,040 stock options to employees under its 2019 scheme
(15:54, 25 Aug 2026)
Transwarranty Finance Limited approved the grant of 2,96,040 stock options to eligible employees under its Employee Stock Option Scheme 2019, according to a regulatory filing on Tuesday, August 25, 2026. The company also sought shareholder approval to increase its authorized share capital from Rs 61,00,00,000 divided into 61,00,000 equity shares to Rs 65,00,00,000 divided into 65,00,000 equity shares, and to alter its Memorandum of Association and Articles of Association accordingly. The exercise of the options will result in the issuance of 2,96,040 equity shares, and the company has realized Rs 1,44,16,570 from the exercise of options, increasing the paid-up share capital to 55116194.