The record
Written from the 1 report below. Nothing here is unsourced.
- Shares of Affle rose nearly seven percent after the company disclosed that it had allotted 83,000 equity shares under its employee stock option scheme.
- The move means employees exercised their stock options, increasing the company's outstanding shares.
- The company stated the issuance was not... (the report is cut off here).
- The development caught investor attention, driving the stock sharply higher on the day.
What to watch next
- Completion of the company's full statement on the ESOP allotment
- Any further dilution of equity from future ESOP exercises
- Whether the stock holds its gains in subsequent trading sessions
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Named India · Affle
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