Key Details

  • The Nomination and Remuneration Committee (NRC) approved the grant of stock options at its meeting held on Tuesday, November 3, 2026.
  • Grant date: November 3, 2026
  • Number of stock options granted: 6,520
  • Each stock option represents one equity share of face value ₹2 each
  • Total equity shares covered: 6,520 equity shares of ₹2 each
  • Exercise price: ₹2 per stock option

Vesting and Exercise Terms

  • Vesting period: Options vest in four equal installments of 25% each upon expiry of 12 months, 24 months, 36 months, and 48 months from the grant date
  • Vesting is subject to achievement of performance criteria as mentioned in the grant letter
  • Exercise period: Vested options can be exercised any time within 7 years from the grant date

Additional Information

  • Grants were made according to terms and conditions of ESOP 2024
  • The information has been placed on the company website at www.bluestarindia.com