Karachi: Service Global Footwear Limited has announced the allocation of 411,205 ordinary shares to its eligible employees under the Employees Stock Option Scheme. This development, finalized on July 23, 2025, has been sanctioned by the Securities & Exchange Commission of Pakistan.

The allocation of shares falls under the company's broader initiative to incentivize its workforce, reflecting a commitment to employee investment. The move adjusts the company's paid-up capital to Rs. 2.06 billion, now structured into 206.47 million ordinary shares, each priced at Rs. 10. This allotment marks a minor move in the company's capital structure.

According to information available from the Pakistan Stock Exchange (PSX), the transaction is set to influence the trading dynamics, impacting the positions of TRE Certificate Holders. This adjustment is part of a series of efforts to align employee interests with corporate performance.

Service Global Footwear Limited continues to maintain its position within the designated market category, focusing on strategic growth and investment in its human resources. The company's decision to distribute shares under the stock option scheme is seen as a measure to foster long-term employee loyalty and engagement.