StockWatch
·
Glass - Industrial
ESOP11 Feb 2026, 11:23 pm

Borosil Scientific Ltd Grants 6,700 Stock Options Under Employee Stock Option Scheme

AI Summary

Borosil Scientific Ltd has granted 6,700 stock options under the 'Borosil Scientific Limited - Employee Stock Option Scheme'. The options have been granted at a price of Rs. 95 per option, which is a discount of approximately 10% on the market price. The options will vest in the following manner: 25% after the first anniversary from the date of grant, 25% after the second anniversary, 25% after the third anniversary, and 25% after the fourth anniversary. This decision was made at a meeting of the Nomination and Remuneration Committee on February 11, 2026.

Key Highlights

  • 6,700 stock options granted to eligible employees
  • Options granted at Rs. 95 per option
  • Options vest in 25% increments over four years
  • Grant made by Nomination and Remuneration Committee