C2C Advanced Systems Approves Issuance of Preferential Warrants, Launches ESOP and Addresses CEO Remuneration
C2C Advanced Systems Limited's Board of Directors held a meeting on Saturday, August 01, 2026, during which several key corporate decisions were deliberated and approved. The matters considered ranged from the potential issuance of new capital instruments to the formulation of an Employee Stock Option Scheme (ESOP) and setting out terms regarding Chief Executive Officer (CEO) remuneration.During the Board meeting, one significant item reviewed was the raising of funds through the proposed issuance of Fully Convertible Warrants on a Preferential basis. This issue is directed towards the Promoters, the Promoter Group, and Non-Promoter person(s)/entity(ies). The Board authorized the Chief Executive Officer (CEO) to undertake preliminary actions related to this proposal. These preparatory steps include identifying potential subscribers and carrying out negotiations, documentation, and other ancillary acts necessary for the proposed Preferential Issue, subject to final formal approvals.
The Board also addressed the formulation and implementation of an Employee Stock Option Scheme (ESOP). Following a recommendation from the Nomination and Remuneration Committee, the Board authorized Mr. Sriram Subramanian to liaise with the Consultant assigned to the ESOP scheme. He has been entrusted with necessary support actions to facilitate the engagement and subsequent implementation of the proposed scheme.
In addition to these corporate strategies, the Board reviewed and approved the terms concerning the remuneration payable to the Chief Executive Officer (CEO). Based on input from the Nomination and Remuneration Committee, the company's Board accepted the CEO's request for the remuneration structure. The compensation is scheduled to be considered by the Board on or after March 31, 2027. This determination will be made upon the satisfactory realization of outstanding Trade Receivables, or according to other terms and conditions that the Board deems appropriate in the best interests of C2C Advanced Systems Limited.
The Board Meeting commenced at 11:35 A.M. and concluded its proceedings at 12:25 P.M., covering the aforementioned corporate actions alongside other routine business matters.
C2C Stock Price Movement
Shares of C2C Advanced Systems Limited on Friday slipped by 2.57% to settle at ₹263.80. The equity traded a volume of 118,500 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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