06-AUG-2025- Inter alia, approved:- 1. RECOMMENDATION OF FINAL DIVIDEND ON EQUITY SHARES FOR THE FINANCIAL YEAR 2024-25: The Board has recommended Final Dividend at the rate of 110% (One Hundred and Ten per cent) on the Equity Share Capital of the Company, i.e., Rs.11/- (Rupees Eleven Only) per Equity Share of Face Value of Rs. 10/- (Rupees Ten Only) each, for the Financial Year ended March 31, 2025, subject to approval of the Shareholders at the ensuing Thirty-Fourth Annual General Meeting (?34th AGM?) of the Company 2. ALLOTMENT OF 32,204 EQUITY SHARES UNDER GODREJ AGROVET LIMITED - EMPLOYEES STOCK GRANT SCHEME 2018 (ESGS 2018): The Nomination and Remuneration Committee of the Board of Directors of the Company, at its Meeting held today, i.e., on Wednesday, April 30, 2025, has approved the allotment of 32,204 (Thirty Two Thousand Two Hundred and Four) Equity Shares of Face Value of Rs.10/- (Rupees Ten Only) each of the Company under Godrej Agrovet Limited - Employees Stock Grant Scheme 2018 (ESGS 2018). The amount realized by the Company upon exercise of the said grants is Rs. 3,22,040/- (Rupees Three Lakh Twenty Two Thousand and Forty Only). The Board of Directors has taken note of the same at its Meeting held today. 3. NOTING OF LAPSE OF STOCK OPTIONS GRANTED TO THE ELIGIBLE EMPLOYEES UNDER GODREJ AGROVET LIMITED ? EMPLOYEES STOCK GRANT SCHEME 2018 (ESGS 2018): The Nomination and Remuneration Committee of the Board of Directors, at its Meeting held today, noted and took on record lapse of 7,218 (Seven Thousand Two Hundred Eighteen) Stock Options which were granted under the Employees Stock Grant Scheme 2018 (ESGS 2018) to the eligible employees of the Company, due to cessation of employment. 4. GRANT OF 32,951 STOCK OPTIONS TO THE ELIGIBLE EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARY COMPANIES UNDER GODREJ AGROVET LIMITED - EMPLOYEES STOCK GRANT SCHEME 2018 (GAVL ? ESGS) [GRANT-8 (APRIL 2025)] The Nomination and Remuneration Committee, at its Meeting held today, i.e. on Wednesday, April 30, 2025, has approved grant of 32,951 (Thirty Two Thousand Nine Hundred and Fifty One) Stock Options to the eligible employees of the Company and its Subsidiary Companies, under the Godrej Agrovet Limited - Employees Stock Grant Scheme 2018 (?ESGS 2018?) [Grant-8, April 2025], subject to the provisions of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, at an exercise price of Rs.10/- (Rupees Ten Only) per option. Each Stock Option entitles the holder to apply for 1 (one) Equity Share of the Company of Face Value of Rs.10/- (Rupees Ten Only) each. The options shall vest over a period of 3 (three) years and are exercisable within 1 (one) month from the date of vesting or such other period as may be determined by the Nomination and Remuneration Committee. 5. APPROVAL FOR AMENDMENT / ALTERATION / MODIFICATION TO GODREJ AGROVET LIMITED - EMPLOYEES STOCK GRANT SCHEME 2018, SUBJECT TO APPROVAL OF THE SHAREHOLDERS: Upon recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has approved certain amendments / alterations / modifications to Godrej Agrovet Limited ? Employees Stock Grant Scheme 2018, subject to approval of the Shareholder 6. AGM RELATED MATTERS: The Board considered and fixed the date of the Thirty-Fourth Annual General Meeting and related matters as under:- (i) The Thirty-Fourth Annual General Meeting (?34th AGM?) of the Shareholders of the Company will be held on Wednesday, August 6, 2025 at 4.00 p.m. by Video Conference or other Audio / Visual Mode.
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