
ESOP1 Jul 2026, 11:10 pm
Lenskart Grants 2,38,500 Stock Options
AI Summary
Lenskart Solutions Limited has announced the grant of 2,38,500 Employee Stock Options (ESOPs) to eligible employees under its Lenskart Employee Stock Option Plan, 2021. The grant was approved by the Nomination and Remuneration Committee on July 1, 2026. Each option represents one equity share of face value INR 2. The exercise price is set at INR 381 per share, calculated as the average closing price for 30 days prior to the grant, with a maximum discount of 25%. Options can be exercised after vesting while the employee is still employed with the company. This move is part of the company's incentive structure to retain and motivate its workforce.
Key Highlights
- Lenskart grants 2,38,500 Employee Stock Options.
- ESOPs are under the Lenskart Employee Stock Option Plan, 2021.
- Exercise price set at INR 381 per share.
- Grant approved by Nomination and Remuneration Committee.
- Options represent 2,38,500 equity shares.
Price Impact
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