Texmaco Rail & Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/03/2026 ,inter alia, to consider and approve Long-term Incentive ....
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Texmaco Rail & Engineering has informed exchanges that its Board of Directors will meet on Tuesday, 31st March 2026. The key item on the agenda is consideration and approval of a Long-term Incentive Plan and Employee Stock Option Plan (ESOP) under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. No other major business items have been disclosed in this intimation. The filing was made on 26th March 2026 by Company Secretary Sandeep Kumar Sultania.
If approved, the ESOP could lead to dilution of existing shareholders' equity over time, but is generally viewed as a positive retention tool for employees. The market may react mildly once details such as the size of the ESOP pool and grant price are disclosed after the board meeting.