Announced Thu, 21 Aug · 17:14 IST

Synergy Green Industries Limited has informed the Exchange about General Updates for Grant of stock options under Synergy Green Industries Ltd. (SGIL) Employee Stock Option Plan2025 ( ESOP 2025 / Plan ).

Business Updates View source PDF

SGIL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Synergy Green Industries has informed the exchanges that its Nomination and Remuneration Committee approved the grant of 22,080 stock options to eligible employees under the ESOP 2025 plan on August 21, 2025. The exercise price has been fixed at Rs. 70 per equity share. The options will vest in three equal installments of 33.33% each over the first, second, and third anniversary from the grant date. This grant is part of the broader ESOP 2025 pool approved by shareholders, which is capped at 0.5% of paid-up equity capital (not exceeding 77,715 shares). No options have been exercised or lapsed so far.

Likely market impact

This is a routine employee compensation announcement with a small dilution impact (about 28% of the approved ESOP pool). No immediate material impact on shareholders, as the options are yet to vest and be exercised.