Axita Cotton Grants 214,930 ESOP Options
ESOP / RSU / Share Allotment
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
9th Jun 2026
Key Quantitative Figures
- Total options granted: 2,14,930 (Two Lakh Fourteen Thousand Nine Hundred Thirty)
- Each option exercisable into one equity share of face value ₹1 each
- Exercise price: ₹1.82 per option
Dates of Action
- Meeting date of Nomination and Remuneration Committee: June 9, 2026
- Date of intimation: June 9, 2026
Parties Involved
- Axita Cotton Limited (the Company)
- Nomination and Remuneration Committee (NRC) of the Company
- Eligible employees of the Company
- BSE Limited and National Stock Exchange of India Limited
Significant Terms and Conditions
- The ESOP 2023 Scheme is administered by the Nomination and Remuneration Committee and/or Board of the Company
- Vested options must be exercised within maximum 1 year from vesting date
- Options entitle holders to acquire equal number of equity shares upon payment of exercise price and applicable taxes
- The scheme complies with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
Additional Information
- The intimation is available on company website: www.axitacotton.com
- Signed by Nitinbhai Govindbhai Patel, Chairman & Managing Director (DIN: 06626646)
- Company CIN: L01632GJ2013PLC076059
- BSE Scrip Code: 542285, NSE Scrip Code: AXITA