Vishal Mega Mart granted 975,000 stock options to eligible employees at an exercise price of Rs 119 per option.
The grant was approved by the Nomination and Remuneration Committee on June 15, 2026, under the company's 2019 ESOP plan.
Each option is convertible into one equity share of Rs 10 face value, with a 10-year exercise period from the grant date.
The disclosure is made in compliance with SEBI Listing Regulations and will be hosted on the company's website.