Key Quantitative Figures
- Total stock options granted: 24,333
- Each stock option is convertible into one equity share of face value Re. 1/- each
- Exercise price: ₹173.86 per stock option
- Total shares covered: 24,333 equity shares
Dates of Action
- Grant date: October 15, 2026
- Vesting schedule: 40% at the end of 1st anniversary from grant date; 60% on March 31, 2028
- Exercise period: Within 4 years from respective vesting dates
Scheme Details
- Scheme name: Orient Electric Employee Stock Option Scheme - 2019
- Beneficiaries: Eligible employee(s) of the company
- No significant additional terms disclosed beyond standard vesting and exercise provisions
- Certain disclosure requirements under sub-clauses (g) to (k), (m) & (n) of Clause 10 of Para B of Annexure 18 of the SEBI Master Circular are not applicable
Additional Information
- Full details available on company website: https://orientelectric.com/pages/notices-stock-exchange-disclosures
- Disclosure signed by Diksha Singh, Company Secretary, on October 15, 2026 at 14:07:26 IST
Financial Impact
Financial impact not quantified in the disclosure regarding potential dilution or accounting treatment.
#Tags: #OrientElectric #ESOP #SEBIDisclosure #RegulatoryCompliance #EmployeeBenefits #Neutral