GOKEXNSEGokaldas Exports Limited· Textile ProductsLowNeutral
Announced Thu, 22 May · 24:07 IST

Gokaldas Exports Limited has informed the Exchange about General Updates

Business Updates View source PDF

GOKEX · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gokaldas Exports Limited has informed the exchanges that its Nomination and Remuneration Committee approved the grant of 55,000 stock options to eligible employees under the GEL Employee Stock Option Plan 2022. The options will vest on April 30, 2028, with an exercise price of Rs. 832.68 per share. This is a routine employee compensation-related disclosure filed under SEBI LODR regulations.

Likely market impact

This is a standard ESOP grant and is unlikely to have any meaningful impact on the stock price, as the number of options is small relative to the company's overall share base. It reflects the company continuing to use stock-based incentives to retain employees.