Edelweiss grants 6 lakh SARs at 112 each to employees

Edelweiss Financial Services Limited's Compensation (ESOP) Committee approved the grant of 6,00,000 Stock Appreciation Rights (SARs) to eligible employees on May 28, 2026. These SARs are granted at a price of 112 per SAR, in accordance with the Edelweiss Employees Stock Appreciation Rights Plan, 2019. The scheme is compliant with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021. The number of shares to be allotted upon exercise will be determined by the appreciation per SAR relative to the market price at the date of exercise. Vested SARs can be exercised by employees within a period of one year from their respective vesting dates.