
ESOP31 Oct 2026, 07:13 pm
Eveready Grants 48,000 Stock Options Under ESOP 2026
AI Summary
Eveready Industries India Ltd announced the grant of 48,000 stock options to eligible employees under its ESOP 2026 plan. The Nomination & Remuneration Committee approved the grant on October 31, 2026. Each option is convertible into one equity share of face value ₹5. The exercise price will be no lower than the face value and no higher than the market price on the grant date. The options vest over three years from the date of vesting and are not subject to a lock-in period upon allotment. The ESOP 2026 is administered directly by the NRC.
Key Highlights
- 48,000 stock options granted to employees.
- Grant approved under Eveready Industries India Limited Stock Option Plan 2026.
- Exercise price linked to face value and market price.
- Options convertible into equity shares with no lock-in.
- Plan administered directly by Nomination & Remuneration Committee.
Price Impact
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