Chembond Material Technologies Limited has granted 34,238 stock options to eligible employees under its Employee Stock Option Plan 2025, as approved by the company's Nomination and Remuneration Committee on January 16, 2026. The grant represents a significant employee incentive initiative aimed at aligning workforce interests with company performance.

Stock Option Grant Details

The comprehensive grant encompasses 34,238 stock options distributed across eligible employees of the company and its subsidiary. Each option provides the right to convert into one fully paid-up equity share with a face value of ₹5.00.

Vesting and Exercise Framework

The Employee Stock Option Plan 2025 incorporates a structured vesting mechanism designed to ensure long-term employee commitment. Options granted under the scheme will vest within a maximum period of five years from the grant date, with regulatory compliance requiring a minimum gap of one year between grant and vesting dates.

The scheme operates in full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring adherence to regulatory frameworks governing employee stock option plans in India.

Regulatory Compliance and Disclosure

Chembond Material Technologies Limited has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted comprehensive details to both BSE Limited and National Stock Exchange of India Limited, maintaining transparency in corporate governance practices.

The notification includes detailed annexures providing complete information required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, demonstrating the company's commitment to regulatory compliance and stakeholder transparency.

Employee Incentive Strategy

The stock option grant represents part of Chembond Material Technologies Limited's broader employee retention and motivation strategy. By providing equity participation opportunities, the company aims to create long-term value alignment between employee performance and organizational success, fostering a culture of ownership and accountability across its workforce and subsidiary operations.

Chembond Material Technologies has disclosed a significant inter-promoter share transfer following a gift transaction between family members. Nirmal V. Shah, Promoter and Director, gifted 19,27,024 equity shares to his brother Sameer V. Shah, who serves as Promoter and Managing Director of the company.

Transaction Details

The share gift was executed through off-market transactions with no monetary consideration involved. The transfer occurred in two separate tranches during December 2025:

Impact on Shareholding Pattern

The transaction resulted in a significant redistribution of shares between the promoter brothers. The following table shows the shareholding changes for both parties:

Nirmal V. Shah's Holdings

Sameer V. Shah's Holdings (Recipient)

Company Share Capital Structure

The company's equity share capital remains unchanged following this inter-promoter transfer:

Regulatory Compliance

The disclosure was made on December 30, 2025, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates disclosure when there is a substantial acquisition or disposal of shares that results in a change of 2% or more in shareholding.

The transaction represents a significant consolidation of shareholding within the promoter family, with Sameer V. Shah now holding over 27% of the company's equity shares, while Nirmal V. Shah's stake has been reduced to a nominal holding. Both parties involved in the transaction are existing promoters of the company, ensuring continuity in the promoter group structure while redistributing ownership stakes.