Key Event and Date
The Nomination and Remuneration Committee of BlackBuck Limited approved the grant of stock options at its meeting held on Wednesday, July 29, 2026.
Details of the Grant
The committee approved the grant of stock options equivalent to 50,308 equity shares under the company's BlackBuck Limited Employee Stock Option Scheme 2016 (ESOP 2016) to eligible employees.
Specific Terms of the Grant
- Scheme Compliance: The grant is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- Shares Covered: One stock option is convertible into one fully paid-up equity share with a face value of ₹1 each. Therefore, the grant covers 50,308 equity shares of face value ₹1 each.
- Exercise Price: The exercise price for the options is ₹1 per equity share.
- Vesting Schedule: The options vest 25% over 4 years.
- Lock-in: The equity shares allotted upon exercise of these stock options will not be subject to any lock-in period.
- Other Terms: The scheme includes provisions for handling stock options in cases of death, permanent incapacity, resignation, termination, retirement, abandonment, etc.
Company and Officer Details
- Compliance Officer: Barun Pandey, Company Secretary (Membership No.: A39508)
- Place of Disclosure: Bangalore
- Date of Disclosure: July 29, 2026
Additional Information
The intimation is also available on the company's website at www.blackbuck.com.
Not Applicable Details
As this is a new grant, the following fields from the annexure are marked 'Not Applicable':
- Subsequent changes or cancellation or exercise of such options
- Options vested
- Options exercised
- Money realized by exercise of options
- The total number of shares arising as a result of exercise of option
- Options lapsed
- Variation of terms of options
- Diluted earnings per share pursuant to issue of equity shares on exercise of options