Aarti Surfactants Limited has granted 9,000 stock options to certain eligible employees under its 'Aarti Surfactants Limited Employee Stock Option Plan 2024' (ESOP 2024).
Key Details of ESOP Grant:
- Total Options Granted: 9,000 (Nine Thousand)
- Face Value per Share: Rs.10/- (Rupees Ten Only)
- Exercise Price per Option: Rs.10/- (Rupees Ten Only)
- Conversion Ratio: Each stock option entitles the holder to apply for 1 (one) equity share of the Company
- Total Shares Covered: 9,000 Equity Shares
- Compliance: The plan is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Vesting Schedule: Options will vest in two equal annual tranches - 50% on the first anniversary of the First Grant and the remaining 50% on the second anniversary of the grant date
- Vesting Conditions: Subject to continued employment and achievement of performance-based conditions
- Exercise Period: Options are exercisable within 3 (Three) years from the date of respective vesting
- Current Status: No options have been exercised, lapsed, or resulted in money realization
- Scheme Administration: The Scheme is administered by the Nomination and Remuneration Committee (NRC) of the Board
Additional Information:
- The grant was approved by the Nomination and Remuneration Committee at its meeting held on Monday, August 24, 2026
- The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- No variation of terms, cancellation, or subsequent changes to the options have occurred
- Diluted earnings per share impact is not applicable as options are yet to be exercised