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Synergy Green Industries approves ESOP 2025, appoints new director

March 19, 2025 at 05:01 AM UTCBy FilingReader AI

Synergy Green Industries (BSE: 541929) announced the approval of its Employee Stock Option Plan 2025 (ESOP 2025) at a board meeting held on March 18, 2025. The plan is subject to member approval and will be implemented via a trust route, which involves acquiring equity shares from the secondary market. The board also approved the formation of a Synergy Green Industries Limited ESOP Trust to benefit employees and authorized the company to provide funds for the trust's purchase of company shares. In addition to the ESOP, Niraj Shishir Shirgaokar has been appointed as an Additional Director, effective April 2, 2025. Shareholders will vote on the proposals via postal ballot.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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