Intimation for Grant of 55,125 Employee Stock Options under Clean Science and Technology Limited Employee Stock Option Scheme 2021 .
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Clean Science and Technology Limited has informed the stock exchanges about the grant of 55,125 Employee Stock Options (ESOPs) to eligible employees under its Employee Stock Option Scheme 2021. These stock options, once vested and exercised, will result in the issuance of new equity shares of the company. The ESOP Scheme 2021 is part of the company's long-term employee incentive and retention programme. This is a routine corporate disclosure informing shareholders about the allocation of stock options.
The grant is modest in size and is part of routine employee compensation. It may lead to slight dilution of existing shareholders' equity upon exercise, but is unlikely to have a material impact on the stock price in the short term.