
ESOP30 Apr 2026, 07:31 pm
Astec Lifesciences grants 1,142 stock options at ₹10 exercise price
AI Summary
Astec LifeSciences Limited's Nomination and Remuneration Committee has approved the grant of 1,142 stock options to an eligible grantee under the Astec LifeSciences Limited - Employees Stock Option Plan, 2012 (ESOP 2012). The exercise price for these options is set at ₹10 per option, with each option entitling the holder to one equity share of face value ₹10. The options will vest over a period of three years and are exercisable within one month from the date of vesting.
Key Highlights
- 1,142 stock options granted under ESOP 2012.
- Exercise price set at ₹10 per option.
- Options vest over a three-year period.
- Each option converts to one equity share.
Price Impact
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