The Nomination and Remuneration Committee of SG Mart Limited, at its meeting held on October 27, 2026 at 12:00 Noon, approved the grant of 94,000 Employee Stock Options ("Options") under the SG Mart Limited Employees Stock Option Scheme, 2023 (formerly known as Kintech Renewables Limited Employees Stock Option Scheme, 2023).
Key Details:
- Total number of shares covered by these options: 94,000 Equity Shares of face value ₹1/- each
- Each Option is convertible into one Equity Share of the Company
- Effective grant date: October 27, 2026
- Exercise price: ₹640.00 per Option
- The Scheme is administered by the Nomination and Remuneration Committee
- Compliance: The Scheme is in terms of SEBI (SBEB & SE) Regulations, 2021
Exercise Terms:
- All Options upon vesting shall be exercisable within 1 year from the date of last vesting of the Options
- The granted Options shall vest from the date of grant as per vesting schedule approved by the Committee
- All Vested Options shall be exercised in one or more tranches within 1 year from the date of last vesting
Additional Information:
- The exercise price was determined by the Nomination and Remuneration Committee
- The exercise price shall in no case be lesser than the face value of Shares (₹1) and not higher than the Market Price as defined in the Scheme
- The grant was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Additional Announcements:
This filing does not contain any additional corporate announcements beyond the ESOP grant disclosure.
Company Information:
- Corporate Office: A-127, Sector-136, Noida, Gautam Buddha Nagar, Uttar Pradesh-201305
- Company Secretary & Compliance Officer: Sachin Kumar (M. No. F13972)