Avenue Supermarts Grants 50,000 Stock Options

Avenue Supermarts Ltd has granted 50,000 stock options to an employee under its Employee Stock Option Scheme 2023, as approved by the Nomination and Remuneration Committee on May 2, 2026. These options, divided into Class A and Class B, are convertible into equity shares with a face value of ₹10 each. The exercise price is ₹4,080 per option. Vesting dates are set for September 1, 2032 (Class A) and September 1, 2029 (Class B), subject to performance parameters. The exercise period is three months from the vesting date. Shareholders previously approved the grant of up to 1,500,000 options under the scheme.