Gokaldas Exports Limited — Others, 23-06-2025: Shareholders meeting

Gokaldas Exports Limited has announced a board meeting proposing approval of the ‘GEL Employee Stock Option Plan 2025’ (ESOP 2025) to grant up to 20 lakh stock options to eligible employees of the company and its subsidiaries, excluding promoters and certain directors. This new plan aims to retain and motivate employees, including those in recently acquired overseas subsidiaries Atraco and Matrix Design, by aligning their interests with the company’s growth. Options will vest over up to three years, exercisable at a price up to 10% below market price, and carry a maximum exercise period of one year after vesting. Shareholders’ approval will be sought through a postal ballot with remote e-voting.