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AVN boosts paid-up capital through Employee Share Option Scheme

Avanceon Q1 2024 profit drops 91% YoY
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February 06, 2023 (MLN): Avanceon Limited (AVN) has increased its paid-up capital to 327,215,522 shares after the Central Depository Company (CDC) allotted 2,514,891 shares to eligible employees who exercised their share options under an employee share option scheme, according to a notice from PSX.

The closing market price of the shares on the date they were credited to employees, February 03, 2023, was Rs 65.45 per share, according to the notification.

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Posted on: 2023-02-06T11:36:05+05:00