Key Event

SG Mart Limited's Nomination and Remuneration Committee met on Monday, July 20, 2026, at 10:30 A.M. and approved the grant of Employee Stock Options (ESOPs).

Grant Details

  • Number of Options Granted: 4,86,000
  • Under Scheme: SG Mart Limited Employees Stock Option Scheme, 2023 (formerly known as Kintech Renewables Limited Employees Stock Option Scheme, 2023)
  • Effective Grant Date: July 20, 2026
  • Underlying Asset: Each option is convertible into one Equity Share of the company with a face value of ₹1.
  • Total Potential Shares: 4,86,000 equity shares (should all granted options be vested and exercised).

Significant Terms & Conditions

  • Scheme Compliance: The grant is in terms of the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.
  • Exercise Price: Will be decided by the Nomination and Remuneration Committee. The price shall be no lower than the face value of the shares (₹1) and not higher than the Market Price as defined in the Scheme.
  • Exercise Period: All vested options must be exercised within a period of 1 (One) year from the date of the last vesting of the options.
  • Eligibility: The grant is based on the eligibility criteria mentioned in the Scheme.
  • Administration: The Scheme is administered by the Nomination and Remuneration Committee.

Financial and Capital Structure Impact

  • The disclosure states that diluted earnings per share (EPS) impact is "Not Applicable" for this grant communication.
  • The grant creates a potential future equity dilution of 4,86,000 shares, subject to the vesting and exercise of the options.

Other Information

  • Options Lapsed: Not applicable for this grant communication.
  • Variation in terms of Options: Not applicable.
  • Subsequent changes or cancellation or exercise: Not applicable for this grant communication.
  • Money realized by exercise of Options: Not applicable for this grant communication.

Document Metadata

  • NSE Symbol: SGMART
  • Company Registered Office: H. No. 37, Ground Floor, Hargovind Enclave, Vikas Marg, Delhi-110092
  • Company Corporate Office: A-127, Sector-136, Noida, Gautam Buddha Nagar, Uttar Pradesh-201305