Bluspring Enterprises Limited has granted 45,29,072 (Forty-Five Lakh Twenty-Nine Thousand Seventy-Two) employee stock options under its "Bluspring Enterprises Limited – Employee Stock Option Scheme 2026" (ESOS 2026). The options were granted to eligible employees of the Company and its subsidiaries on June 15, 2026.
Key Details:
- Each option carries the right to subscribe to one equity share of face value INR 10/- each
- Exercise price of options is INR 10/- each
- Total number of shares covered by these options: 45,29,072 equity shares
- The grant was approved by the Nomination and Remuneration Committee of the Board of Directors
- Compliance: The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Vesting and Exercise Terms:
- Minimum vesting period: 1 year
- Maximum vesting period: 4 years from date of grant
- Options may be exercised within maximum 3 years from the date of each vesting
Significant Terms:
- Equity shares under ESOS 2026 will be sourced from Primary Issuance and/or Secondary Acquisition route through the Bluspring ESOP Trust
- The scheme includes provisions for handling options in cases of death, permanent incapacity, resignation, termination, retirement, etc.
- Fair and reasonable adjustments will be made for corporate actions such as rights issues, bonus issues, merger, sale of division
- Equity shares arising from exercised options will not be subject to any lock-in period from the date of transfer
Regulatory Compliance:
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Additional Information:
- Company Registration: CIN L81100KA2024PLC184648
- Contact: Tel: 080-6105 6001 | E-mail: corporatesecretarial@bluspring.com
Additional Announcements:
No additional corporate announcements were included in this filing.