Galaxy Surfactants Limited has informed the Exchange regarding Grant of 10235 Options.
GALAXYSURF · price
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Galaxy Surfactants has granted 10,235 stock options to eligible employees under its Performance Stock Option Plan 2025 (PSOP 2025). Each option allows purchase of one equity share at an exercise price of Rs. 10 per share. The options have not yet vested and will vest only after the Annual General Meeting for FY 2028-29, subject to achievement of performance criteria and continued employment. Vested options must be exercised within 4 years. The total pool under this scheme covers up to 157,383 options. No options have been exercised yet.
This is a routine employee compensation disclosure with no immediate impact on the stock. The long vesting period tied to FY 2028-29 aligns management incentives with long-term performance, which is neutral to mildly positive for shareholders.