ESOP5 May 2026, 06:01 pm
Greaves Cotton Grants 3,39,229 Stock Options Under ESOP 2024
AI Summary
Greaves Cotton Ltd has announced the grant of up to 3,39,229 stock options under its Employee Stock Option Plan 2024 (ESOP 2024). The grant was approved by the Nomination and Remuneration Committee of the Board of Directors on May 5, 2026. These options are granted in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The exercise price is ₹2 per option, and they can be exercised within 8 years from the vesting date.
Key Highlights
- Greaves Cotton grants up to 3,39,229 stock options under ESOP 2024.
- The options are granted as per SEBI SBEB & SE Regulations, 2021.
- The exercise price for each option is ₹2.
- Options can be exercised within 8 years from the vesting date.
Price Impact
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