V-Guard Industries Grants ESOP Options Under ESOS 2013

V-Guard Industries' committee approved a grant of employee stock options under its ESOS 2013 scheme.
The options carry a right to apply for equity shares at a face value of ₹1 each and an exercise price of ₹1 per option.
Vesting occurs over up to four years based on time and performance criteria, with a six-year exercise window post-vesting.
The scheme is administered by the Nomination and Remuneration Committee and complies with SEBI Share Based Employee Benefits Regulations, 2021.