Alkyl Amines Chemicals Grants 28,300 Employee Stock Options Under ESOP 2018
Alkyl Amines Chemicals Limited granted 28,300 employee stock options under its 2018 ESOP plan, approved by the Nomination and Remuneration Committee on March 31, 2026. The grant features two pricing tiers: 21,900 options at Rs.1,125 per share and 6,400 options at Rs.875 per share. Options vest over 1-4 years with a 5-year exercise window, and each option converts to one Rs.2 face value equity share, ensuring full SEBI regulatory compliance.
*this image is generated using AI for illustrative purposes only.
Alkyl amines chemicals Limited has announced the grant of 28,300 employee stock options under its established Employee Stock Option Plan 2018. The Nomination and Remuneration Committee of the Board of Directors approved this grant during its meeting held on March 31, 2026.
Stock Option Grant Details
The company has structured the stock option grant with differentiated pricing to accommodate various employee categories. The grant comprises two distinct pricing tiers designed to provide flexibility in employee compensation.
| Parameter | Details |
|---|---|
| Total Options Granted | 28,300 stock options |
| Grant Date | March 31, 2026 |
| Approving Authority | Nomination and Remuneration Committee |
| Plan Name | AACL Employees Stock Option Plan 2018 |
Pricing Structure and Exercise Terms
The stock options feature a two-tier pricing structure reflecting different employee categories or grant conditions. The majority of options are priced at the higher exercise price, while a smaller portion offers a more favorable rate.
| Option Category | Number of Options | Exercise Price per Share |
|---|---|---|
| Tier 1 Options | 21,900 | Rs.1,125 |
| Tier 2 Options | 6,400 | Rs.875 |
| Total Options | 28,300 | Mixed Pricing |
Each stock option converts into one equity share with a face value of Rs.2 each, providing employees with direct ownership participation in the company.
Vesting and Exercise Timeline
The stock option plan incorporates a graduated vesting schedule designed to promote employee retention and long-term commitment. The vesting period spans from 1 year to 4 years, allowing for staggered option maturity.
Key timeline features include:
- Vesting Period: 1 year to 4 years from grant date
- Exercise Window: 5 years from individual vesting date
- Conversion Ratio: 1:1 (one option equals one equity share)
Regulatory Compliance
The stock option grant operates in full compliance with Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. This regulatory alignment ensures proper governance and transparency in the employee benefit program.
The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to maintaining transparent communication with stakeholders regarding significant corporate developments.
Historical Stock Returns for Alkyl Amines Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.24% | -7.65% | -14.25% | -32.99% | -24.38% | -44.74% |
How might this employee stock option grant impact Alkyl Amines' talent retention strategy in the competitive chemicals sector?
What could be the potential dilution effect on existing shareholders once these 28,300 options are exercised over the next few years?
Will Alkyl Amines likely expand this ESOP program further in 2026-2027 to attract skilled professionals amid industry growth?
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