Genus Power Infrastructures Limited — Others, 19-02-2025: ESOP/ESOS/ESPS

Genus Power Infrastructures Limited has announced a board meeting to discuss the cancellation of 15,00,000 Employee Stock Appreciation Rights (ESARs) and the grant of 20,00,000 ESARs under the Employees Stock Appreciation Rights Plan 2019. The base price for the new ESARs is set at Rs. 257.15. These newly granted ESARs will vest over ten years, providing an incentive for eligible employees to contribute to the company's long-term growth. This strategic move may enhance employee motivation while potentially improving financial health, fostering a positive outlook among investors.