Aarti Surfactants Limited has informed the Exchange regarding Grant of 11800 Options..
AARTISURF · price
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Aarti Surfactants Limited has informed the exchanges that its Nomination and Remuneration Committee approved the grant of 11,800 stock options to eligible employees under the ESOP 2024 plan on May 12, 2025. The exercise price has been fixed at Rs. 10 per option, which is equal to the face value of the equity share. The options are split into three tranches: 500 options vest fully on the first anniversary, 6,000 options vest equally over three years, and 5,300 options vest on the first anniversary subject to performance-based conditions. The plan complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. Once vested, employees have 3 years to exercise these options.
This is a routine employee incentive announcement with no immediate effect on shareholders. Since the exercise price equals face value, future exercise of these options will dilute existing shareholders, but the grant size of 11,800 shares is very small relative to the company's share base, so dilution impact is negligible in the near term.