Havells India: Vesting of 61,135 Shares Under ESPS 2022

Havells India Limited has announced the vesting of 61,135 shares under its Employees Stock Purchase Scheme (ESPS) 2022. The vesting, effective October 1, 2026, is a result of the Nomination and Remuneration Committee's decision. The total grant for FY 2025-26 was 1,38,805 shares, with a net vesting of 13,059 shares after accounting for lapses. Accelerated vesting due to superannuation or death also contributed 3,963 shares, offset by previous years' accelerated vesting and tax adjustments. The exercise period for these vested shares is 30 days from the vesting date.