ESOP1 Aug 2026, 07:20 pm
Aditya Birla Lifestyle Brands Ltd Approves ESOP Scheme 2026
AI Summary
Aditya Birla Lifestyle Brands Ltd announced the approval of the Aditya Birla Lifestyle Brands Limited Employee Stock Options & Performance Stock Options Scheme 2026 ("ABLBL ESOP Scheme 2026") by its Board of Directors. This scheme, formulated and adopted in compliance with SEBI regulations, allows for the grant of stock options exercisable into up to 1,83,07,800 equity shares, representing 1.5% of the company's paid-up equity share capital. The implementation of the scheme is subject to the approval of the company's members through a postal ballot. The board meeting took place on August 1, 2026.
Key Highlights
- Board approved the new ESOP Scheme 2026.
- Scheme allows grants up to 1.83 crore equity shares.
- Represents 1.5% of paid-up equity share capital.
- Requires member approval via postal ballot.
- Scheme complies with SEBI (Share Based Employee Benefits) Regulations, 2021.
Price Impact
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