The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee (N&RC), approved the grant of 80,000 stock options under the Employee Stock Option Plan 2019 (ESOP 2019) to eligible employees.
The approval was granted via resolution dated July 21, 2026.
The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Stock Option Details
Total Shares Covered: 80,000 equity shares of face value ₹2 each
Exercise Price: ₹262.10 per share, being the closing market price on the National Stock Exchange of India Limited on July 20, 2026
Vesting Period: As per terms and conditions determined by the Board/Nomination & Remuneration Committee
Exercise Period: 5 years from the date of vesting of options
