CEAT grants 74,247 ESOP options to staff at Rs 2,842.83 each
CEATLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CEAT Limited's Nomination Remuneration Committee approved grant of 74,247 stock options to eligible employees under the CEAT Employees Stock Option Scheme 2025. Each option is convertible into one equity share of Rs 10 face value at an exercise price of Rs 2,842.83, reflecting a 15 percent discount on the market price. The scheme is administered via the trust route, with the CEAT Limited Welfare Trust acquiring shares through secondary market purchase. Vested options must be exercised within three years.
Mild dilution risk if all options vest and are exercised. Shares are bought from the open market, so cash impact is limited. Signals employee retention focus.