Corporate Action17 Oct 2026, 08:50 pm
Balrampur Chini Mills Grants 1,21,268 ESARs
AI Summary
Balrampur Chini Mills Ltd has granted 1,21,268 Employee Stock Appreciation Rights (ESARs) under its "BCML Employees Stock Appreciation Rights Plan 2023". The grant, made on October 17, 2026, has an exercise price of ₹721.25 per ESAR. The ESARs will vest over a period of four years and can be exercised for four years from the date of vesting. The exact number of equity shares to be allotted per ESAR will be determined as per the plan's provisions.
Key Highlights
- Company granted 1,21,268 ESARs.
- ESARs have an exercise price of ₹721.25.
- Vesting period is four years.
- Exercise period is four years post-vesting.
Price Impact
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