Havells vests 3,04,810 shares under employee stock purchase schemes

Havells India Ltd has announced the vesting of 3,04,810 equity shares of Re. 1/- each to eligible employees on April 23, 2026. This action was taken under the company's existing employee stock purchase plans, administered by Havells Employees Welfare Trust, following instructions from the Nomination and Remuneration Committee. The shares were vested across three schemes: 1,14,191 shares under the Long Term Incentive Plan 2014, 1,50,000 shares under the Stock Purchase Scheme 2015, and 40,619 shares under the Stock Purchase Scheme 2016. The exercise period for these vested shares is 30 days from the vesting date.