Bliss GVS Pharma Grants 2.95 Lakh Stock Options

Bliss GVS Pharma Ltd announced that its Nomination and Remuneration Committee has granted 2,95,000 stock options under the Bliss GVS Pharma Limited- Employee Stock Options Plan 2019 to eligible employees. The options are convertible into equity shares of Re. 1/- each. The exercise price is set at Rs. 43/- per share, determined by the last closing market price on October 28, 2026, with a 93.42% discount to ensure uniformity with previous grants. The options will vest in four equal installments over 48 months, with a minimum one-year period between grant and vesting. The maximum exercise period is six months from vesting, and shares arising from vested options will be subject to a six-month lock-in post-allotment.