Lahore: Ghani ChemWorld Limited (GCWL) held a Board of Directors meeting on Tuesday, April 28, 2026, where a significant decision regarding employee compensation was made. The meeting convened at 10:30 a.m. at the company’s registered office.

The Board approved the distribution of stock options equivalent to 2,501,440 ordinary shares to eligible employees. This allocation represents 1% of the company’s paid-up capital and is part of the Employee Stock Option Scheme (ESOS) previously approved by the company’s shareholders. The designated market category for this decision is the financial instruments sector.

Each stock option is set at an exercise price of PKR 18.52 per share. Under the terms of the ESOS, the minimum vesting period for these stock options will be one year, followed by an exercise period of one year thereafter. According to information available from the Pakistan Stock Exchange (PSX), such initiatives are designed to align the interests of employees with those of shareholders, potentially enhancing company performance.

The company has advised that the TRE Certificate Holders of the Exchange be informed of these developments.