Clean Science and Technology Limited has granted 29,447 stock options to eligible employees under its Employee Stock Option Scheme 2021, as approved on November 6, 2025. Each option converts into one equity share with a face value of Re. 1/-. The options vest over four years, starting November 2026, with an exercise price of Rs. 500/- per option.
ESOP Grant Details
Clean Science and Technology Limited announced the grant of 29,447 stock options to its eligible employees. The grant was approved by the Nomination and Remuneration Committee during its meeting held on November 6, 2025. These options fall under the company’s Employee Stock Option Scheme 2021.
Vesting Schedule and Exercise Price
The granted stock options will vest over a period of four years, with the following vesting schedule:
* November 5, 2026: 20% of options granted
* November 5, 2027: 20% of options granted
* November 5, 2028: 20% of options granted
* November 5, 2029: 40% of options granted
The exercise price for each option is set at Rs. 500/-. Once vested, the options can be exercised within one year from the respective vesting dates. Each stock option is convertible into one equity share of the company, having a face value of Re. 1/-.
ESOP Scheme Administration
The “Clean Science and Technology Limited Employee Stock Option Scheme 2021” (CSTL ESOS 2021) is managed based on eligibility criteria defined within the scheme.
Source: BSE
