Director Re-appointment
- The Board of Directors approved the re-appointment of Ms. Rajeshwari Datla (DIN: 00046864) as a Non-Executive Director of the Company.
- Ms. Datla is liable to retire by rotation at the ensuing 74th Annual General Meeting (AGM) and has offered herself for re-appointment, subject to shareholder approval.
- The Board also approved her continuation as a director despite having attained 75 years of age (currently 76 years), subject to shareholder approval under Regulation 17(1A) of Listing Regulations.
- Ms. Datla holds a Bachelor of Science degree and has approximately five decades of experience in management and operations in the pharmaceutical industry.
- She has been associated with the company as a non-executive director since 2005 and currently serves on the Nomination and Remuneration Committee and Corporate Social Responsibility Committee.
- She is the mother of Ms. Anupama Datla Desai (Executive Director) and Mr. Krishna Datla (Executive-Vice Chairman) of the company.
Employee Stock Option Grant
- The Compensation Committee approved the grant of 395,400 stock options to eligible employees under the Fermenta Biotech Limited Employee Stock Option Scheme 2025 (FBL ESOP 2025).
- The scheme complies with SEBI (Share Based Employee Benefits) Regulations, 2021.
- Each stock option is convertible into one equity share of ₹5 each.
- The exercise price is determined at ₹83.67 per option.
- The options have a minimum vesting period of one year from the date of grant.
- The exercise period for vested options is a maximum of three years commencing from each vesting date.
Strategic Initiatives
- The Board accorded approval to make an application to the National Stock Exchange of India Limited (NSE) for seeking listing and trading of the company's equity shares through a direct listing route.
- The Board granted in-principle approval to Fermenta Environment Solutions Private Limited (FESPL), a wholly-owned subsidiary, to consider a proposal for private placement of equity shares subject to necessary approvals.
- Upon successful implementation of the private placement and allotment of shares to investors, FESPL will cease to be a wholly-owned subsidiary of the company.
- The Board granted in-principle approval to FESPL for implementing the Fermenta Environment Solutions Private Limited - Employee Stock Option Plan 2026 for grant of stock options to FESPL's employees, including employees of the holding company.
The disclosure was signed by Varadvinayak Vijay Khambete, Company Secretary & Head - Legal (Membership No. A33861), with reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.