SG Mart's Nomination and Remuneration Committee has approved the grant of 390,000 Employee Stock Options (ESOPs) to eligible employees.

These options are convertible into an equal number of equity shares, each with a face value of ₹1. The exercise price for these options is set at ₹367.85 per option.

This move aims to incentivize employees, aligning their interests with the company's long-term performance and growth, potentially leading to a slight increase in share capital upon exercise.