Balaji Telefilms Approves 10.2 Lakh Stock Options

Balaji Telefilms Ltd announced that its Nomination and Remuneration Committee (NRC) has approved the grant of 10,20,000 stock options under the Balaji Telefilms ESOP Scheme, 2023 to eligible employees. The exercise price for these options is set at ₹62.86 per option, which is based on the NSE Last Closing Market price of October 26, 2026, with a 25% discount. The options will vest 100% upon the expiry of 12 months from the grant date and can be exercised within three years from the last vesting date. This move is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.