
Investment6 April 2026 at 07:46 am
Indo Borax & Chemicals Ltd. announces ESOP 2026, re-constitutes CSR Committee
AI Summary
Indo Borax & Chemicals Ltd. held a Board Meeting on April 06, 2026, where they announced the Employee Stock Option Plan (ESOP) 2026. The ESOP 2026 aims to reward existing employees for their performance, attract and retain talent, and align rewards with the creation of value. The plan will grant up to 16,88,950 options, convertible into an equal number of equity shares. The shares issued upon exercise of the options will rank pari-passu with all existing Equity Shares of the Company. The Board also re-constituted the Corporate Social Responsibility (CSR) Committee.
Key Highlights
- Indo Borax & Chemicals Ltd. announces ESOP 2026
- Up to 16,88,950 options to be granted to eligible employees
- Options convertible into an equal number of equity shares
- Shares issued upon exercise of options to rank pari-passu with existing shares
- Board re-constituted the CSR Committee