Date: August 4, 2026
Board Meeting Outcomes
The Compensation Committee of Orient Bell Ltd. held a meeting on Tuesday, August 4, 2026. The key decision from the meeting was the approval of a grant of Employee Stock Options (ESOPs).
ESOP Grant Details
The committee approved the grant of 68,000 stock options, each convertible into one equity share of the company.
Key Terms of the Grant:
- Total Options Granted: 68,000
- Scheme Compliance: The grant is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- Exercise Price: ₹10 per share (at face value). This price is subject to change as per applicable law.
- Vesting: Options will vest subject to the completion of at least one year of service from the date of grant. The maximum vesting period is 5 years, as decided by the Compensation Committee.
- Pricing Formula: The exercise price for options is to be decided by the Committee based on the market price, defined as the latest available closing price on the stock exchange with the higher trading volume immediately prior to the relevant date. The Committee has the power to provide a discount or charge a premium and to re-price the grants. The exercise price shall not go below the face value of ₹10 per share.
- Options Exercised: Not Applicable (N.A.) at the time of grant.
- Money Realized: Not Applicable (N.A.) at the time of grant.
- Options Lapsed: Not Applicable (N.A.) at the time of grant.
- Variation of Terms: Nil.
- Subsequent Changes: Not Applicable (N.A.).
- Diluted EPS: The diluted earnings per share as of June 30, 2026 (Standalone Unaudited Financial Results), reviewed by the auditors, is ₹5.71.
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Financial Results
Not Specified. The document only references a reviewed, standalone unaudited diluted EPS figure of ₹5.71 as of June 30, 2026.
Auditor’s Report
Not Specified
Disinvestment / Strategic Actions
Not Specified