Date: 13th August, 2026
Board Meeting Outcomes
The Board of Directors meeting held on Thursday, 13th August, 2026 approved the formulation, adoption and implementation of Aditya Birla Real Estate Limited Employee Stock Options & Performance Stock Options Scheme 2026 ("ABREL ESOP Scheme 2026").
ESOP Scheme Details
- The scheme will be implemented through the "CTIL Employee Welfare Trust" through secondary acquisition
- The aggregate number of Stock Options proposed to be granted shall be exercisable up to 8,29,000 equity shares
- This represents 0.74% of the paid-up equity share capital of the Company
- The scheme is subject to approval of the shareholders of the Company
- Postal Ballot Notice will be sent in due course for shareholder approval
- The scheme is structured in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 as amended
- Detailed disclosures as per SEBI regulations will be provided in the explanatory statement forming part of Postal Ballot Notice
Meeting Details
- The meeting was based on the recommendation of Nomination and Remuneration Committee
- Meeting commenced at 12:00 noon and concluded at 1:00 PM
- The announcement is also available on the company website: www.adityabirlarealestate.com