Outcome of Nomination & Remuneration Committee Meeting

ARROWGREEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.3%1-day move

₹474.05

prior close

₹460.15

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-3.2-4.8-2.9-3.0-1.3+6.1+13.3+14.1+18.6+13.1+19.6+24.0+49.8—

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AI summary

Arrow Greentech Limited's Nomination and Remuneration Committee has approved the grant of 61,000 employee stock options (ESOPs) to eligible employees under the Arrow Greentech ESOP Scheme – 2024. Each option can be exercised into one equity share with a face value of Rs. 10 each. The exercise price has been set at Rs. 359 per option. The options have a minimum vesting period of 1 year from the date of grant, and once vested, they can be exercised within 3 years. The company has confirmed the scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Likely market impact

This ESOP grant is a positive step for employee retention and motivation. Existing shareholders may see minor potential dilution if all options are eventually exercised, converting into 61,000 additional shares.