StockWatch
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Pesticides & Agrochemicals
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.