Chemfab Alkalis Limited — Others, 31-07-2025: Resignation
31-07-2025 | 08:26 pm
31-07-2025 | 08:26 pm
Chemfab Alkalis Limited has approved key changes. The company allotted 4,000 employee stock option shares at Rs. 97.83 each, raising paid-up share capital from Rs 14.36 Cr to Rs 14.37 Cr. The employee stock option scheme was also amended, increasing the total options available to 500,000. Future option grants will now vest 100% in one year, and the exercise price will be the lower of market price minus 50% or INR 500. Additionally, a Non-Executive Director resigned, prompting the reconstitution of the Audit, Nomination, CSR, and Stakeholders Relationship Committees, ensuring continued governance structure.
No comments yet. Be the first to comment!
