Ami Organics grants over 325,000 employee stock options

Acutaas Chemicals Limited, formerly Ami Organics Limited, announced on December 22, 2025, the grant of 325,009 employee stock options under the Ami Organics Employees' Stock Option Scheme 2023 (ESOS 2023). These options were approved by the Nomination and Remuneration Committee and fall within the shareholder-approved limit of 668,740 options available for Category II Grant of ESOS 2023. Each stock option is convertible into one equity share with a face value of INR 5.

The granted options have an exercise price of INR 305 per option. The vesting schedule for these options is split, with 60% being time-based and 40% performance-based, contingent on the fulfillment of key responsibility areas and performance metrics. Vesting occurs annually over four years, with 15% of time-based options and 10% of performance-based options vesting each year.

The company previously adjusted the total available options and exercise price on July 30, 2025, due to a 1:2 sub-division/split of the face value of shares, ensuring the exercise price per option would not be less than the par value of INR 5 and not exceed INR 305. Vested options can be exercised within a maximum period of two years from the relevant vesting date.