Godrej Industries Ltd
Godrej Industries: 683 Employee Stock Grants Lapsed Under ESGS 2011 📉
- Godrej Industries approved 832 new stock options under ESGS 2011.
- Each option allows purchase of 1 equity share at ₹1 (face value).
- Exercise price set at ₹1 per option.
- Vesting period: 3 years; must be exercised within 1 month after vesting.
- 683 prior stock grants lapsed—affected employees forfeit claims.