ESOP8 May 2026, 12:45 pm
Kanpur Plastipack Grants 404,740 Options Under ESOP 2025
AI Summary
Kanpur Plastipack Ltd has granted 404,740 options to eligible employees under its Employee Stock Option Scheme 2025. The grant was approved by the Nomination and Remuneration Committee on May 08, 2026. These options are convertible into an equal number of equity shares with a face value of ₹10 each. The exercise price is determined at ₹202 per option. The options can be exercised within one year from the vesting date.
Key Highlights
- Kanpur Plastipack grants 404,740 options under ESOP 2025.
- Options are convertible into equal number of equity shares of face value ₹10 each.
- Exercise price set at ₹202 per option by the Nomination and Remuneration Committee.
- Options can be exercised within one year of vesting.
- The scheme will be implemented through direct route for fresh allotment of shares.
Price Impact
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