Polycab India Limited has announced the allotment of 3,403 equity shares with a face value of ₹10/- each. This allotment is pursuant to the Polycab Employee Stock Option Scheme 2018, benefiting employees who exercised their options. The Finance and Operations Committee approved this allotment on November 03, 2026.
Employee Stock Option Allotment
Polycab India Limited announced on November 03, 2026, that its Finance and Operations Committee had approved the allotment of equity shares under its Employee Stock Option Scheme 2018. A total of 3,403 equity shares, each with a face value of ₹10/-, were allotted to eligible employees who exercised their options under the Polycab Employee Stock Option Performance Scheme 2018.
Scheme Details
The allotment signifies the successful exercise of stock options by employees, further consolidating their participation in the company’s growth. This action is a standard component of employee incentive programs designed to align employee interests with those of the company and its shareholders. The details of the allotment were submitted to the stock exchanges for their records.
Company Information
Polycab India Limited, a prominent player in the electrical industry, continues to implement its employee benefit schemes. The company operates with a registered office in Gujarat and a corporate office in Mumbai, adhering to all regulatory compliances for listed entities.
Source: BSE
