Campus Activewear has distributed a total of 111,677 equity shares to its employees under the Campus Activewear employee stock option plan 2021- Vision Pool
According to reports, each equity share will carry a face value of Rs 5.
As of Friday, the shares of Campus Activewear were trading at Rs 321.75, reflecting a 0.55 per cent increase.
The company solely believes in its employees' constant success, hence the move towards assigning ESOPs demonstrates company's positive inputs.
By issuing equity shares to its employees, the company provides them with an opportunity to become shareholders and benefit from the future profitability of the company.
Alongside, the company also believes that its also a suitable way serving as an effective tool for employee retention and motivation.