Control Print Limited has informed the Exchange regarding 'Control Print Employee Trust Trust Deed'.
CONTROLPR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Control Print Limited has executed a Trust Deed dated June 13, 2025, establishing an irrevocable trust named 'Control Print Employee Trust' to administer the company's Employee Stock Option Scheme 2025 (ESOP 2025). The trust was approved by the Board on January 18, 2025, with an initial corpus of Rs. 10,000 and three trustees appointed — Ms. Pradnya R Sonawane, Ms. Unnati Surhud Marathe, and Mr. Sandesh Sunil Rane. The trust is permitted to acquire company shares either through fresh issuance or secondary market purchases, subject to SEBI SBEB Regulations 2021 — capped at 2% of paid-up equity capital per financial year via secondary acquisition and 5% maximum cumulative holding. Shares acquired on the secondary market must be held for at least six months before transfer to employees. The trust's shareholding will be classified as 'non-promoter and non-public' for disclosure purposes.
This is a routine governance action to set up the administrative vehicle for ESOP 2025, signaling that employee stock options may be granted and exercised in the future, which could lead to mild equity dilution. Near-term impact on stock price is expected to be neutral as no shares are being issued at this stage.