Valiant Organics' NRC approved a grant of 19,500 employee stock options at an exercise price of ₹10 per option.
The options are granted under the Valiant - Employees Stock Option Plan 2022 in compliance with SEBI regulations.
Vesting is structured with 15,000 options after one year and the remainder based on performance criteria.
Options are exercisable within three years from their respective vesting dates.