StockWatch
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Pharmaceuticals
ESOP30 Jul 2026, 05:30 pm

Gland Pharma Grants 16,790 Stock Options Under ESOP 2025

AI Summary

Gland Pharma Ltd announced the grant of 16,790 Employee Stock Options (ESOPs) to 3 employees under its Gland Pharma Employee Stock Option Scheme, 2025. The grant, approved by the ESOP Compensation Committee on July 30, 2026, aligns with SEBI regulations. A portion of the options (11,081) are priced at ₹1258.50, representing 50% of the closing price on NSE on the grant date, while the remaining 5,709 options are priced at the face value of ₹1. The options will vest over three years, starting July 30, 2027, with exercise possible within two years from vesting.

Key Highlights

  • 16,790 stock options granted to 3 employees.
  • Options priced at ₹1258.50 and ₹1.
  • Vesting schedule spans three years from July 30, 2027.
  • Grant is in compliance with SEBI regulations.