Date: 21 July 2026
ESOP Grant Details
Bajaj Auto Limited's Compensation Committee of the Board, at its meeting held on 21 July 2026, granted 4,02,036 stock options under the BAL-ESOS 2019 scheme.
Key Terms:
- Number of options granted: 4,02,036
- Each option convertible into: 1 equity share of ₹10 face value
- Total potential equity shares: 4,02,036
- Exercise price: ₹10,522.50 per option
- Pricing basis: Closing market price as on 20 July 2026
- Vesting period: Not earlier than 1 year and up to 10 years from date of grant
- Exercise period: Within 5 years from respective date of vesting
Regulatory Compliance:
- Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Grant subject to provisions of SEBI (Share Based Employee Benefits) Regulations, 2014 & 2021
- Options granted at market price as defined under SEBI regulations
Rajiv Gandhi, Company Secretary & Compliance Officer (ACS 11263)