Eicher Motors granted 137,365 restricted stock units under its 2019 RSU Plan to employees and subsidiaries.
The company also granted 27,000 employee stock options under its 2006 ESOP Plan to its employees.
RSUs vest after 3 years and ESOPs vest after 4 years, each converting to one equity share of Re. 1 face value.
The grant was approved by the Nomination and Remuneration Committee on May 21, 2026, under SEBI LODR regulations.