Ajax Engineering Limited — Others, 10-06-2025: Shareholders meeting

Ajax Engineering Limited has announced a board meeting for ratification of its Employee Stock Option Plan 2024 (ESOP 2024), which includes two schemes offering up to 57.2 lakh stock options. Scheme I has an exercise price of Rs. 1, while Scheme II is at Rs. 262. The plan aims to motivate and retain eligible employees and management by promoting ownership through stock options. Shareholder approval will be sought to ratify the plan and allow fresh grants after listing, supporting long-term employee engagement and alignment with company growth.