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Three employees received options under the ESOP 2025 scheme, compliant with SEBI regulations
30-Jul-2026, 06:13
Three employees were granted 16,790 options under the ESOP 2025 scheme on July 30, 2026, as announced by the company’s Board of Directors. The options, administered by the ESOP Compensation Committee, comply with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. A portion of the options, 11,081, were granted at an exercise price of INR 1258.50, which represents 50% of the NSE closing price on the grant date, while 5,709 options were granted at the face value of INR 1 per share. The vesting schedule is tiered, with 34% vesting after one year, 33% after two years, and the remaining 33% after three years, with a two-year exercise period following each vesting date. To date, no shares have been issued or realized from the exercise of these options, and there have been no variations or cancellations to the scheme.
Three employees were granted 16,790 options under the ESOP 2025 scheme on July 30, 2026, as announced by the company’s Board of Directors. The options, administered by the ESOP Compensation Committee, comply with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. A portion of the options, 11,081, were granted at an exercise price of INR 1258.50, which represents 50% of the NSE closing price on the grant date, while 5,709 options were granted at the face value of INR 1 per share. The vesting schedule is tiered, with 34% vesting after one year, 33% after two years, and the remaining 33% after three years, with a two-year exercise period following each vesting date. To date, no shares have been issued or realized from the exercise of these options, and there have been no variations or cancellations to the scheme.