ESOP21 Jul 2026, 12:56 pm
Bajaj Auto Grants 4,02,036 Stock Options
AI Summary
Bajaj Auto Ltd announced the seventh grant of stock options under its Employee Stock Option Scheme 2019 (BAL-ESOS 2019). The Compensation Committee approved the grant of 4,02,036 stock options, convertible into an equal number of equity shares of Rs. 10 face value each. These options were granted at an exercise price of Rs. 10,522.50 per option, which was the closing market price on July 20, 2026. The options have a vesting period of not less than 1 year and up to 10 years from the grant date, and are exercisable within 5 years from their respective vesting dates.
Key Highlights
- Bajaj Auto granted 4,02,036 stock options to employees.
- Options are convertible into equity shares at Rs. 10,522.50 each.
- Vesting period is between 1 to 10 years from grant date.
- Exercise period is within 5 years from vesting date.
Price Impact
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