StockWatch
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Speciality Retail
ESOP5 Nov 2026, 02:42 pm

Aditya Vision Grants 4.06 Lakh Stock Options

AI Summary

Aditya Vision Ltd announced the grant of 4,06,500 stock options to eligible employees under the "Aditya Vision-Employee Stock Option Plan 2021". The Nomination and Remuneration Committee approved the grant on November 5, 2026. Each option carries the right to acquire one equity share of face value ₹1. The exercise price is set at ₹350 per option, determined by the committee based on market price, with a floor of ₹1. Vesting will occur over four years: 10% after year 1, 20% after year 2, 30% after year 3, and 40% after year 4. Vested options can be exercised within four years from their respective vesting dates. The allotted shares will rank pari-passu with existing equity shares.

Key Highlights

  • 4,06,500 stock options granted under ESOP 2021.
  • Exercise price set at ₹350 per option.
  • Vesting schedule spans four years.
  • Options can be exercised up to four years post-vesting.
  • Allotted shares will have equal rights to existing shares.