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Ester Industries Limited ( (IN:ESTER) ) has shared an announcement.
Ester Industries Limited has granted 19,188 stock options to its Chief Marketing Officer – Specialty Polyesters/Polymers, Mr. Kunal Tank, under the Ester Industries Limited Employees Stock Option Plan 2024, as approved by the Nomination and Remuneration Committee via circular resolution on 8 January 2026. The options, compliant with SEBI’s SBEB Regulations 2021, are exercisable at a 20% discount to the fair market value of Rs 98.81 per share, translating to an exercise price of Rs 79 per option, and may be exercised within five years from the respective vesting dates; this move underscores the company’s use of equity-based incentives to retain and align key leadership in its specialty polymers business with long-term shareholder value.
More about Ester Industries Limited
Ester Industries Limited operates in the industrial and specialty materials sector, with a focus on specialty polyesters and polymers. The company serves niche applications where advanced polymer solutions and engineered materials are required, and its leadership structure includes dedicated roles for specialty polyesters/polymers marketing and growth.
Average Trading Volume: 6,340
Technical Sentiment Signal: Hold
Current Market Cap: 9.68B INR
See more data about ESTER stock on TipRanks’ Stock Analysis page.