Gokaldas Exports Limited has informed the Exchange regarding Notice of Postal Ballot
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Awaiting price reaction for this filing.
Gokaldas Exports has issued a postal ballot notice seeking shareholder approval for a new Employee Stock Option Plan called 'ESOP 2025'. The plan proposes up to 20 lakh (2 million) stock options, convertible into equity shares of face value ₹5 each, to eligible employees of the company and its subsidiaries. The exercise price will be set at up to a 10% discount to market price (not lower than face value), with a vesting period of 1 to 3 years. This is a follow-up to the company's previous ESOP 2022 scheme, which ended in March 2025, and is aimed at retaining talent including employees of overseas acquisitions Atraco and Matrix Design. E-voting runs from June 25, 2025 to July 24, 2025, with results expected by July 28, 2025.
If approved, this would create up to 20 lakh fresh equity shares, leading to modest dilution for existing shareholders — a standard ESOP trade-off. Positive read-through: management is prioritising retention after recent acquisitions, suggesting confidence in growth. Investors should watch the postal ballot outcome around late July.