Ganesha Ecosphere Limited has informed the Exchange about General Updates
GANECOS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Ganesha Ecosphere Limited approved the grant of 32,000 Employee Stock Options (ESOPs) to eligible employees of its subsidiary companies. The options have an exercise price set at a 10% discount to the closing market price on NSE on May 20, 2026 (grant date: May 21, 2026). Each option converts into one equity share of face value Rs. 10. Vesting occurs in four equal annual tranches of 25% each over four years, with a one-year exercise window after each vesting. The scheme is implemented via secondary market acquisition through a trust route, meaning no new equity shares will be issued.
This is a routine ESOP grant with no immediate dilution impact since shares are sourced from the secondary market. However, it creates future potential dilution and aligns employee interests with shareholders.