Considered and approved Kesar India Employees Stock Purchase Scheme - 2025 and offered of shares to employees of subsidiary Companies, in India or outside India of the Company under Kesar ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kesar India Limited's board, at a meeting on August 1, 2025, approved the Kesar India Employees Stock Purchase Scheme 2025. Under the scheme, a maximum of 2,00,000 equity shares of face value Rs. 10 each can be issued and allotted to employees of the company and its subsidiaries (in India or outside India). The scheme follows SEBI (SBEB & SE) Regulations, will be implemented through direct allotment of fresh shares, and is administered by the Nomination and Remuneration Committee. The offer price will be based on the prevailing market price (with possible discount, but never below face value), and allotted shares will be locked in for one year from the date of allotment. No actual offer has been made yet, as the filing only relates to the approval of the scheme.
This is a small employee incentive plan (up to 2 lakh shares, capped at Rs. 20 lakh in face value) that will cause only minor dilution once shares are actually allotted. No immediate impact on existing shareholders since no shares have been issued yet; the move signals management's intent to retain and reward employees.