Date: August 25, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
The Nomination and Remuneration Committee of the Board of Directors met on Tuesday, August 25, 2026.
- Approved grant of 3,00,000 Stock Options under the ABD Employee Stock Option Scheme to eligible employees
- Meeting concluded at 2:55 PM IST
Financial Results
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
ESOP Grant Details
Scheme Information:
- Scheme Name: ABD Employee Stock Option Scheme-2024
- Complies with SEBI (SBEB) Regulations, 2021
- Total options granted: 3,00,000
- Underlying security: Equity Shares of ₹2 each
Pricing Details:
- Exercise price: ₹610.35 per stock option
- Pricing based on market price of equity shares immediately prior to grant date
Vesting Schedule:
- 25% of options vest after 12 months from grant date
- 25% of options vest after 24 months from grant date
- 25% of options vest after 36 months from grant date
- 25% of options vest after 48 months from grant date
- Performance-based vesting: 0% (all vesting is time-based only)
Exercise Period:
- Vested options can be exercised within two years from the respective vesting date
Current Status:
- Options exercised: Not Applicable
- Money realized by exercise: Not Applicable
- Shares arising from exercise: Not Applicable
- Options lapsed: Not Applicable
- Variation of terms: Not Applicable
- Diluted EPS impact: Not Applicable
Regulatory Compliance:
- Intimation made pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations
- Reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
- Disclosure uploaded on company website at www.abdindia.com