Godrej Agrovet Limited has informed the Exchange about Grant of Stock Options
GODREJAGRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Godrej Agrovet Limited has informed the stock exchanges that its Nomination and Remuneration Committee approved the grant of 2,05,489 stock options to eligible employees on August 21, 2025. The grant is being made under the company's Employees Stock Grant Scheme (ESGS 2018), which was amended and approved by shareholders at the Annual General Meeting held on August 6, 2025. Each option can be converted into one equity share of Rs. 10 face value at an exercise price of Rs. 10 per option. The options will vest over a period of 5 years and must be exercised within 1 month from the date of vesting.
This is a routine employee compensation announcement. Since the exercise price equals the face value (Rs. 10), the grant is likely priced well below current market value, meaning employees benefit when they eventually exercise. Shareholders may see minor dilution once options are exercised over the next 5 years, but no immediate impact on stock price is expected.