Gokaldas Exports Limited has informed the Exchange about General Updates
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Gokaldas Exports has informed the exchanges that its Nomination and Remuneration Committee approved the grant of 28,00,000 stock options under the ESOP 2022 and ESOP 2025 plans, along with 1,58,000 RSUs under the RSU Plan 2018. The grants were made to Key Managerial Personnel and other eligible employees. The stock options will vest on August 17, 2028 (about 3 years from now). The exercise price for ESOP options is fixed at Rs. 643.46 per share, while RSU options carry a nominal exercise price of Rs. 5 per share.
This is a routine employee compensation action and may lead to slight dilution of equity once options are exercised. The 3-year vesting period supports employee retention and aligns management interests with shareholders. The market impact is expected to be neutral.