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Novus Loyalty shareholders approved increasing authorized capital and a stock option plan
04-Sep-2026, 04:43

Novus Loyalty Limited, formerly Novus Loyalty Pvt. Ltd., said its shareholders approved increasing the authorized share capital of the company from Rs 18 crore to Rs 21 crore, along with the approval of a Novus Loyalty Employment Stock Option Plan 2026 for up to 15,00,000 stock options, and the establishment of a wholly owned subsidiary in Dubai, United Arab Emirates, at an extraordinary general meeting held September 3, 2026, in Gurugram.