Lytus Technologies Announces New Equity-Based Compensation Plan for Management and Employees
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Lytus Technologies Holdings Ptv Ltd. has announced a new equity-based compensation plan for management and employees, issuing 3.8 billion restricted common shares to the Lytus Trust, controlled by CEO Dharmesh Pandya. Additionally, the company sold 965 million common shares at $0.016 each to raise $15.44 million for working capital and other approved purposes. This announcement was published via EDGAR on July 16, 2025.
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