ESOP24 Jul 2026, 07:20 pm
Ceat Ltd Grants 74,247 Stock Options
AI Summary
Ceat Ltd announced the grant of 74,247 stock options to eligible employees under the CEAT Employees Stock Options Scheme 2025. The options are granted at an exercise price of ₹2,842.83 per option. The scheme is in compliance with SEBI regulations and is administered by the Nomination and Remuneration Committee. The options can be exercised within three years after vesting. The shares will be acquired through the CEAT Limited Welfare Trust via secondary market purchases.
Key Highlights
- 74,247 stock options granted to employees.
- Exercise price set at ₹2,842.83 per option.
- Scheme complies with SEBI (SBEB & SE) Regulations, 2021.
- Options exercisable within 3 years post-vesting.
- Shares acquired via secondary market through a trust.
Price Impact
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