MIG recently held a Board of Directors (BOD) meeting to approve important resolutions regarding the issuance of ESOP shares. Specifically, the BOD approved the plan to issue bonus shares to employees to encourage and retain talent within the company. The number of shares to be issued under this program is a small part of the total shares currently outstanding. The issuance is expected to take place in the next quarter and will be implemented in accordance with current legal regulations. This resolution comes amid the company’s positive progress in business operations, promising long-term benefits for both employees and the firm. The results of the ESOP share issuance are anticipated to enhance employee motivation and strengthen the bond between staff and the company.
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