Intimation of Grant of stock options to the eligible employees of the Company under "Prime Fresh Limited Employee Stock Option Plan 2024"
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Prime Fresh Limited has granted 77,300 stock options to eligible employees under its 'Prime Fresh Limited Employee Stock Option Plan 2024'. The grant was approved by the Nomination and Remuneration Committee at its meeting held on 06 May 2025. The options will vest after one year from the date of grant, with a one-year exercise window post-vesting. The scheme is in compliance with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. As of the grant date, no options have been exercised, and no money has been realized from exercise.
This is a routine ESOP allotment disclosure with a modest dilution of 77,300 shares; it is unlikely to materially affect share price, though it signals the company is using equity-based incentives to retain employees.