The Nomination and Remuneration Committee of the Company approved this grant in its meeting held on Thursday, November 12, 2026.
Key Details of the Grant
- Total number of stock options granted: 1,66,000
- Underlying shares: 1,66,000 equity shares of face value ₹10 each
- Scheme compliance: The ESOS 2025 is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Exercise price: ₹72 per equity share
Vesting and Exercise Terms
- Minimum vesting period: 1 year from the grant date
- Vesting schedule: 25% of the options will vest each year over a period of 4 years from the grant date
- Vesting is subject to meeting performance criteria as determined by the Nomination and Remuneration Committee
- The performance criteria will be communicated to eligible employees in the Grant Letter
- Exercise window: Options may be exercised within 5 years from the date of vesting
Pricing Formula
As per the scheme, the exercise price shall not be less than the face value and shall not be more than the market price of the share as on the grant date. In case the grant price is at a deep discount to the market price, such grant includes performance criteria for vesting. Otherwise, at the time of grant, the maximum discount will be up to 25% from the market price of the shares as on the date of grant.
Current Status
- Options vested: Not applicable at this stage
- Options exercised: Not applicable at this stage
- Money realized by exercise of options: Not applicable
- Total number of shares arising from exercise: Not applicable
- Options lapsed: Not applicable
- Variation of terms: Not applicable
- Subsequent changes/cancellation/exercise: Not applicable
- Diluted earnings per share impact: Not applicable at this stage
Additional Information
The above information is also available on the company's website at www.dhampur.com.