Gandhar Oil Refinery (India) Ltd
Gandhar Oil Refinery (India) Ltd - 544029 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
01 / The disclosure
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Pursuant to Regn 30 of SEBI (LODR),2015 and SEBI SBEB and SE regulations,2021, we wish to inform you that the Board on recommendation of NRC committee has approved allotment of 9290 equity shares of Face value of Rs.2/- each at an exercise price of Rs.168/- each to eligible employees of the company, upon exercise of vested options under the Gandhar Stock Option Plan- 2022.
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Rs.15,60,720Page 3
h) Money realized by exercise of options Rs.15,60,720/- i) The total number of shares arising as a result of exercise of option 9,290 equity shares j) Options lapsed Not Applicable (As the intimation is towards allotment of shares pursuant to exercise of ESOPs) k) Variation of terms of options Not Applicable l) Brief details of significant terms The Employee Stock Options have been granted in accordance with the terms of the Gandhar Employee Stock Option Plan – 2022 and are subject to the applicable vesting conditions and exercise period specified under the ESOP Plan.
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01h) Money realized by exercise of options Rs.15,60,720/- i) The total number of shares arising as a result of exercise of option 9,290 equity shares j) Options lapsed Not Applicable (As the intimation is towards allotment of shares pursuant to exercise of ESOPs) k) Variation of terms of options Not Applicable l) Brief details of significant terms The Employee Stock Options have been granted in accordance with the terms of the Gandhar Employee Stock Option Plan – 2022 and are subject to the applicable vesting conditions and exercise period specified under the ESOP Plan.
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- a6d47de0-6179-4e82-9a9e-1e3d63396f01
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- 6 Oct 2026, 20:58 IST
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- extracted · 3 pages read
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- 5f9a50edee8bcd15380793cf45fe4efb41621c5a7c42b053b20243b9fbbbef25