Chemfab Alkalis Limited has informed the Exchange about General Updates regarding the allotment of 4000 equity shares through CAESOS Scheme 2020
CHEMFAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chemfab Alkalis Limited allotted 4,000 equity shares under its Employee Stock Option Scheme (CAESOS 2020) at Rs. 97.83 per share (face value Rs. 10 + premium Rs. 87.83), raising its paid-up share capital from 1,43,63,702 to 1,43,67,702 equity shares (Rs. 14.37 crore). The Board also approved amendments to CAESOS 2020, including increasing the option pool from 4 lakh to 5 lakh options and revising the exercise price formula. Separately, Non-Executive and Non-Independent Director Mr. C.S. Ramesh resigned for personal reasons effective July 31, 2025. Following his exit, the Board reconstituted its Audit, Nomination & Remuneration, CSR, and Stakeholders Relationship Committees.
The ESOP allotment is very small (about 0.03% dilution) and unlikely to affect share price. The resignation of a non-independent director for personal reasons is routine, and committee reconstitution ensures governance continuity. The expanded ESOP pool could mean slightly more future dilution, but is not material.