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Elgi Equipments informs about grant of stock options

11 Jun 2024 Evaluate
In terms of provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Elgi Equipments has informed that the Compensation Committee of the Company vide their Circular Resolution passed today, has approved the grant of 7,400 stock options to the eligible employee of the Company under the Elgi Equipments Limited Employees Stock Option Plan, 2019. The company has enclosed the details as prescribed under SEBI Listing Regulations read with SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, as Annexure A. This intimation is being made available on the Company's website at www.elgi.com.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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