Vishal Mega Mart Ltd Grants 5,00,000 Stock Options Under Employees Stock Options Plan 2019

Vishal Mega Mart Ltd has approved the grant of 5,00,000 stock options to eligible employees under the Vishal Mega Mart Employees Stock Options Plan 2019. The exercise price is set at Rs. 105/- per stock option. The exercise period for the vested options is 10 years from the date of grant. Each stock option is convertible into one fully paid-up equity share with a face value of Rs. 10 each.