Sapphire Foods clarified ED & CFO Vijay Jain's compensation details ahead of its AGM.

His remuneration largely remains unchanged, save for standard increments, and no new stock options are granted due to his elevation.

The company noted 1.1 Cr unallocated stock options (0.3% of issued capital) from an existing pool.

Future grants from this pool will prioritize the overall management team, with the ED & CFO potentially receiving up to 20% at a minimum grant price of Rs. 272/share.

This signals a disciplined approach to executive compensation and equity dilution.