Havells India Clarifies ESOP Scheme Details for AGM

Havells India Ltd has issued a general update to address clarifications sought by proxy advisory firms regarding resolutions proposed at its upcoming 43rd Annual General Meeting (AGM) on June 19, 2026. The company clarified details concerning the Havells Employees Stock Purchase Scheme 2026. Specifically, it confirmed a maximum vesting period of three years for shares granted under the scheme, distributed in three tranches. Additionally, the maximum exercise period for eligible employees to subscribe to shares has been set at 30 days, aligning with the company's past practices.