Key Details

  • The Nomination & Remuneration Committee of Walchandnagar Industries Limited approved the grant of 20,000 stock options on July 01, 2026
  • Grant made under WIL - Employees Stock Option Plan 2020 (ESOP - 2020)
  • Each option is convertible into one equity share of face value Rs. 2/- each

Financial Parameters

  • Total options granted: 20,000
  • Total shares covered: 20,000 equity shares of Rs. 2/- each
  • Exercise price: Rs. 2 per option
  • Mode of issue: Fresh equity shares will be issued by the Company upon exercise of Vested Options

Vesting Schedule

  • At the end of 1st year from grant date: 2,000 options
  • At the end of 2nd year from grant date: 4,000 options
  • At the end of 3rd year from grant date: 4,000 options
  • At the end of 4th year from grant date: 4,000 options
  • At the end of 5th year from grant date: 6,000 options

Exercise Period

Options may be exercised within 3 years from the date of respective vesting dates.