Kaveri Seed Company Grants 1,42,352 Stock Options to Employees Under ESOP 2024
Kaveri Seed Company Limited's Nomination and Remuneration Committee approved the grant of 1,42,352 stock options to eligible employees on March 30, 2026, under the ESOP 2024 plan. The options are priced at Rs.790 per option with a discount of Rs.1.75, exercisable into equity shares of Rs.2 each acquired through secondary market by Kaveri Employees Trust. The vesting follows a four-year progressive schedule (20%, 20%, 25%, 35%) with exercise period extending up to March 30, 2030, ensuring compliance with SEBI regulations.

*this image is generated using AI for illustrative purposes only.
Kaveri Seed Company Limited announced that its Nomination and Remuneration Committee (NRC) has approved a significant employee stock option grant under the company's ESOP 2024 plan. The committee meeting held on March 30, 2026, resulted in the approval of stock options for eligible employees as part of the company's employee benefit initiative.
ESOP Grant Details
The NRC approved the grant of 1,42,352 stock options to eligible employees of the company. These options are exercisable into an equivalent number of fully paid-up equity shares of Rs.2 each, acquired by the Kaveri Employees Trust through the secondary market route under the Kaveri Seed Employee Stock Option Plan 2024.
| Parameter | Details |
|---|---|
| Total Options Granted | 1,42,352 Stock Options |
| Exercise Price | Rs.790 per option |
| Discount | Rs.1.75 per option |
| Share Value | Rs.2 per equity share |
| Acquisition Method | Secondary market route via Kaveri Employees Trust |
Vesting and Exercise Schedule
The stock options follow a progressive vesting schedule designed to retain employees over a four-year period. The vesting structure ensures gradual benefit realization, encouraging long-term commitment to the organization.
| Vesting Period | Percentage |
|---|---|
| After 1 Year | 20% |
| After 2 Years | 20% |
| After 3 Years | 25% |
| After 4 Years | 35% |
Employees can exercise their vested options within a maximum period of four years from the date of vesting of respective options, with the exercise period extending up to March 30, 2030.
Regulatory Compliance
The ESOP grant complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and follows the terms of the ESOP Plan 2024 as approved by the company's shareholders. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Since this represents a fresh grant, several parameters including options exercised, money realized by exercise, total shares arising from exercise, and options lapsed are not applicable at this stage. The grant covers eligible employees of the company and its subsidiaries, reinforcing the organization's commitment to employee participation in company growth.
Historical Stock Returns for Kaveri Seed Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.17% | +3.73% | +8.18% | -20.87% | -31.52% | +58.26% |
How might this ESOP grant impact Kaveri Seed's talent retention and recruitment capabilities in the competitive agricultural sector?
What potential dilution effect could the exercise of these 1,42,352 stock options have on existing shareholders' equity?
Will Kaveri Seed expand its ESOP program further if employee retention metrics improve following this grant?


































