Pursuant to the Clean Max Enviro Energy Solutions Limited Employee Stock Option Scheme 2015 (CMES ESOS), the company has allotted a total of 25,640 equity shares of face value INR 1 each, fully paid up. This allotment comprises two components:
- 12,820 equity shares allotted pursuant to the exercise of vested stock options at an exercise price of INR 1 per option.
- 12,820 bonus equity shares allotted pursuant to a bonus issuance in the ratio of 1:1, which was approved by shareholders via resolution dated 8 August 2025.
The allotment was approved by the Stakeholders Relationship Committee of the Board of Directors on 11 June 2026.
The equity shares allotted rank pari-passu with the existing equity shares of the company in all respects.
Consequent to this allotment, the company's paid-up share capital has increased from INR 11,71,00,540 to INR 11,71,26,180.
The scheme is compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Key Terms and Details
- Exercise Price: INR 1 (Indian Rupee One Only) per Option
- Options Vested: 12,820 (Twelve Thousand Eight Hundred and Twenty)
- Options Exercised: 12,820 (Twelve Thousand Eight Hundred and Twenty)
- Money Realized by Exercise of Options: INR 12,820 (Indian Rupee Twelve Thousand Eight Hundred and Twenty Only)
- Total Shares Allotted: 25,640 equity shares (12,820 from option exercise + 12,820 bonus shares)
- Face Value: INR 1 per share
- Lock-in: The equity shares allotted are not subject to any lock-in period
- Dilution Impact: Earnings per share remain unaffected as the quantity of shares allotted is considered negligible
Additional Information
No subsequent changes, cancellations, or lapses of options were reported. No variation has been made in the terms of the options, though adjustments were made for previous corporate actions including a sub-division of equity shares and the bonus issuance.
Date: 11 June 2026
Place: Mumbai