ESOP8 Jun 2026, 05:51 pm
Eveready Grants 10.55 Lakh Stock Options Under ESOP 2026
AI Summary
Eveready Industries India Ltd announced the grant of 10,55,000 stock options to eligible employees under its ESOP 2026 plan. The Nomination & Remuneration Committee approved the grant on June 8, 2026. Each option is convertible into one equity share of face value ₹5. The exercise price will be at least the face value and not more than the market price on the grant date. The options have a three-year vesting period. This move aims to incentivize and retain key personnel.
Key Highlights
- 10,55,000 stock options granted to employees.
- Grant approved under Eveready Industries India Limited Stock Option Plan 2026.
- Exercise price linked to market price and face value.
- Options have a three-year vesting period.
- Aims to incentivize and retain eligible employees.
Price Impact
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