Chemfab Alkalis Limited — Important, 31-07-2025: General Updates

CHEMFAB ALKALIS's board approved significant updates. The ESOP scheme was amended, increasing the option pool from 4 lakh to 5 lakh options. New grants will vest 100% in one year, and the exercise price for future options will be the lower of (Market Price - 50%) or INR 500, potentially making them more attractive. The company also allotted 4,000 shares under the current ESOP at Rs 97.83/share, increasing paid-up capital to Rs 14.37 Cr. Additionally, Director Mr. C. S. Ramesh resigned, leading to the reconstitution of key board committees.