Bajaj Electricals' NRC approved grant of 11,725 stock options to one employee under its 2023 PSOP Plan.
Each option has an exercise price of ₹2 per share, equal to the face value of the equity share.
The exercise period is two years from the respective vesting date, per the plan's terms.
Disclosure is made under SEBI Listing Regulations and Share Based Employee Benefits Regulations.