Godrej Agrovet Limited announced on September 23, 2026, that its Nomination and Remuneration Committee has approved the grant of 3,347 stock options to eligible employees under the Employees Stock Grant Scheme, 2018 (ESGS 2018). The exercise price for these options is set at Rs. 10 per option. Concurrently, the committee also noted the lapse of 10,958 stock options previously granted due to cessation of employment.
Employee Stock Option Grant Approved
Godrej Agrovet Limited has officially disclosed the approval of a new batch of stock options for its employees. On September 23, 2026, the company’s Nomination and Remuneration Committee sanctioned the grant of 3,347 stock options. These options are being issued under the Godrej Agrovet Limited – Employees Stock Grant Scheme, 2018 (ESGS 2018).
Grant Details and Exercise Price
Each of the 3,347 stock options grants the holder the right to apply for one Equity Share of the company, each with a face value of Rs. 10. The exercise price for these stock options has been fixed at Rs. 10 per option. These options are subject to vesting over a period of three years and will be exercisable within one month from the date of vesting, or as otherwise determined by the Committee.
Lapse of Previous Options Noted
In the same communication, the Nomination and Remuneration Committee also recorded the lapse of 10,958 stock options. These previously granted options under the ESGS 2018 scheme have lapsed due to the cessation of employment of the respective eligible employees. The company has confirmed that this information is available on its website, www.godrejagrovet.com.
Source: BSE
