Bajaj Electricals Approves 81,983 Stock Options Grant & 75,358 Vesting

Bajaj Electricals Limited's Nomination and Remuneration Committee has approved the grant of 81,983 stock options under the PSOP Plan 2023 to 7 employees. Additionally, 75,358 stock options under the same plan have been approved for vesting to 259 employees. The exercise price for these options is set at the face value of the equity share, Rs. 2/-. The company has confirmed compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Details regarding the terms and conditions of the PSOP Plan 2023 are available on the company's website.