Poonawalla Fincorp Limited is a leading NBFC that focuses on consumers and MSME finance. Being a consistent top company in the financial sector, Poonawalla Fincorp has taken some valuable decisions to strengthen its position. Recent announcements indicate significant developments intended to accelerate growth while keeping a robust emphasis on engaging and retaining employees.

Employee Stock Option Plan - A Move For Internal Growth

As a way to increase workforce morale, Poonawalla Fincorp Limited has allotted 1,000 equity shares under their Employee Stock Option Plan - 2021, which is consistent with the company's goals. Due to this decision, the company’s issued, subscribed, and paid-up equity share capital has gone up significantly to Rs. 1,55,60,20,500. This move has ensured the company a greater alignment between employee’s interests and company goals. Thus, Poonawalla has created a more committed workforce that will make contributions to the company for a longer time.