Sakuma Exports Limited has informed the Exchange regarding Board meeting held on August 26, 2025.
SAKUMA · price
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Sakuma Exports' board met on August 26, 2025 and approved several items. The key decision is the introduction of a new Performance Share Plan Scheme called 'SEL PSP 2025', which proposes to grant stock options convertible into up to 1.5 crore equity shares, equal to about 0.96% of the company's share capital. This scheme is subject to shareholder approval at the upcoming AGM. The board also approved the Board's Report for FY ended March 31, 2025, the draft AGM notice, and appointed Mr. Rajeev Bhambri as scrutinizer for the e-voting process. The AGM is scheduled for September 29, 2025 at 11:00 AM via video conferencing, and the register of members will be closed from September 23 to September 29, 2025 for share transfer purposes.
The new ESOP scheme represents a small potential dilution of about 0.96%, which is modest and unlikely to significantly affect existing shareholders. Shareholders should note the book closure period (September 23-29), during which share transfers will not be processed, and plan participation in the AGM to vote on the ESOP scheme.