Susan Electricals India Ltd to Hold Board Meeting to Discuss ESOP Plan and Foundation Incorporation
Susan Electricals India Limited has scheduled a board meeting to consider several strategic matters, including the recommendation of an Employee Stock Option Plan (ESOP) and the incorporation of a charitable foundation. The meeting is set for Friday, August 07, 2026, at 03:00 PM.The agenda items designated for review and approval during the board session include matters pertaining to corporate governance and future growth initiatives. Key points scheduled for consideration are:
- Appointment of a Scrutinizer for the proposed Extraordinary General Meeting (EGM).
- Reviewing and recommending the Susan Electricals India Limited Employee Stock Option Plan, 2026 (SEIL-ESOP 2026), pending shareholder approval.
- Considering and approving the incorporation of 'Susan Foundation' along with investment plans for the entity.
- Approving the notice required to convene the Extraordinary General Meeting (EGM) scheduled for Thursday, September 3, 2026.
The board is also expected to consider any other business that may be brought before it with the permission of the Chair. The company's operations are carried out through various units, including two factory units in Ghaziabad and Sahibabad.
Stock Price Movement
Susan Electricals India Ltd shares are slipping to ₹214.05 as of 12:16 P.M., registering a 2.17% decline today. The stock has seen intraday volatility, fluctuating between a low of ₹213.00 and a high of ₹219.10.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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