ESOP25 Aug 2026, 02:08 pm
Kiaasa Retail Approves Employee Stock Option Scheme
AI Summary
Kiaasa Retail Ltd's Board of Directors, in a meeting held on August 25, 2026, approved the 'Kiaasa - Employee Stock Option Plan 2026' (ESOP 2026). This is subject to shareholder approval and compliance with relevant SEBI and Companies Act regulations. The board also appointed Preet Kumar & Associates as Secretarial Auditor for five years and approved alterations to the Memorandum and Articles of Association to facilitate further share issuances, including ESOPs.
Key Highlights
- Board approved 'Kiaasa - Employee Stock Option Plan 2026'.
- Appointment of Secretarial Auditor for a five-year term.
- Alterations to MOA and AOA approved.
- ESOP plan subject to shareholder approval.
Price Impact
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