Sansera Engineering Limited's Nomination and Remuneration Committee approved the grant of 27,500 stock options under its Employee Stock Option Plan 2018 (ESOP 2018) on October 1, 2026. The grant was made to eligible employees at two different exercise prices: Rs. 2,142.40 per option for 10,000 options and Rs. 3,782.60 per option for 17,500 options.
The options cover 27,500 equity shares with a face value of Rs. 2 each. The vesting schedule is structured over four years in equal annual instalments: 25% at the end of the first year, 25% at the end of the second year (cumulative 50%), 25% at the end of the third year (cumulative 75%), and 25% at the end of the fourth year (cumulative 100%).
Once vested, the options may be exercised within three years from the respective vesting date. The scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Additional Announcements:
The filing does not contain any additional corporate announcements beyond the ESOP grant details.