Gokaldas Exports Limited has announced the approval of 3,50,000 stock options for its eligible employees under the ‘GEL Employee Stock Option Plan 2022’. The Nomination and Remuneration Committee of the company approved this grant. These options are set to vest on August 10, 2029, with an exercise price of Rs. 716.54 per share, signaling a move to incentivize and retain talent.
Employee Stock Option Grant Approved
Gokaldas Exports Limited has officially announced the approval of a significant grant of stock options to its employees. The Nomination and Remuneration Committee of the company, in its meeting held on August 11, 2026, sanctioned the issuance of 3,50,000 stock options. These options are part of the ‘GEL Employee Stock Option Plan 2022’.
Vesting and Exercise Details
The approved stock options are scheduled to vest on August 10, 2029. Eligible employees will be able to exercise these options at a predetermined price of Rs. 716.54 per share. This initiative is aimed at aligning employee interests with the company’s long-term growth and performance, thereby fostering a culture of ownership and commitment within the organization.
Source: BSE
