ESOP8 Jul 2026, 01:59 pm
Aether Industries Grants 1,77,996 Stock Options
AI Summary
Aether Industries Ltd announced the grant of 1,77,996 stock options to eligible employees under its 'Aether Industries Limited Employee Stock Option Scheme 2021'. The options are granted at an exercise price of ₹1,200 each. The vesting schedule is spread over five years, with 20% vesting annually from July 8, 2028, to July 8, 2032. Employees have two years from the vesting date to exercise their options. No options have been exercised, lapsed, or varied as of the reporting date. This move is intended to incentivize and retain key talent within the organization.
Key Highlights
- 1,77,996 stock options granted to employees.
- Exercise price set at ₹1,200 per option.
- Vesting period spans five years from July 2028.
- Scheme aligns with SEBI (Share Based Employee Benefits) Regulations.
- Aims to incentivize and retain employees.
Price Impact
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