ESOP20 May 2026, 04:41 pm
Allcargo Terminals Amends CEO ESOP 2025 Vesting Schedule
AI Summary
Allcargo Terminals Ltd has amended the vesting schedule of its ATL CEO Employee Stock Option Plan 2025. The Nomination and Remuneration Committee approved the revised schedule on May 20, 2026. As per the revised schedule, 80% of the options will vest at the end of one year from the grant date (May 2027), 0% at the end of two years (May 2028), and 20% at the end of three years (May 2029). The company states this is a one-time rationalization and not detrimental to the grantee.
Key Highlights
- ATL CEO ESOP 2025 vesting schedule amended by Nomination and Remuneration Committee.
- Revised vesting: 80% after 1 year, 0% after 2 years, 20% after 3 years.
- Amendment is a one-time rationalization, not detrimental to grantee.
- The plan was initially approved on August 11, 2025.
- The plan grants 44,66,335 stock options to CEO Ashish Chandna.
Price Impact
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