Key Quantitative Figures
- Total Stock Options Granted: 1,77,996
- Exercise Price per Option: ₹1,200
- Face Value per Share: ₹10
- Number of Grantees: 377 eligible employees
- Vesting Schedule: Five equal tranches of 20% each
Dates of Action
- Committee Approval Date: July 8, 2026
- Vesting Dates:
- 20% on July 8, 2028
- 20% on July 8, 2029
- 20% on July 8, 2030
- 20% on July 8, 2031
- 20% on July 8, 2032
Parties Involved
- Approving Authority: Nomination and Remuneration Committee of Aether Industries Limited
- Recipients: Eligible employees of the company
- Regulatory References: SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (Regulation 30); SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Scheme Details
- Scheme Name: Aether Industries Limited Employee Stock Option Scheme 2021 (AIL ESOS 2021)
- Current Grant: Trench-10
- Compliance: Scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Exercise Terms
- Exercise Window: Employees can exercise options within two years from each vesting date
- Current Status: No options have been exercised, lapsed, or varied under this trench
- Dilution Impact: Diluted earnings per share impact not applicable as options are yet to be exercised
Financial Impact
Financial impact of option grant not quantified in the disclosure. Potential future equity dilution of 177,996 shares upon full exercise, representing approximately ₹21.36 crore in exercise proceeds (177,996 options × ₹1,200).
#Tags: #AetherIndustries #ESOP #SEBIDisclosure #RegulatoryCompliance #EmployeeBenefits