Protean eGov Technologies (PROTEAN) — Corporate Action

📢 Key Event
Allotment of 1,57,971 shares under ESOP 2017

🔄 What Changed
Paid-up capital increased by Rs. 1,57,94,710; total shares rose by 1,57,971

💡 Investor Takeaway
The ESOP issuance expands the share count and capital base without altering existing shareholders' relative ownership.

Protean eGov Technologies approved the allotment of 1,57,971 fully paid equity shares under its ESOP 2017 to eligible employees on September 10, 2026, increasing the paid-up share capital from Rs. 40,62,11,940 to Rs. 40,77,91,650 and the total shares outstanding from 4,06,21,194 to 4,07,79,165.

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About Protean eGov Technologies Ltd (PROTEAN)

Information Technology · IT - Software · Listed on BSE

Market Cap: ₹1,998.16 Cr P/E: 24.2 ROE: 7.7% ROCE: 10.5% Div Yield: 2.03%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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