StockWatch
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Sponge Iron
ESOP5 Jun 2026, 06:10 pm

Lloyds Metals Grants 10.6 Lakh ESOPs

AI Summary

Lloyds Metals and Energy Ltd announced the grant of 10,61,689 Employee Stock Options (ESOPs) under the Lloyds Metals and Energy Employee Stock Option Scheme - 2024. The Nomination and Remuneration Committee approved the grant, with an exercise price of ₹4 per option. These options are exercisable within a maximum period of 12 months from the date of vesting, which has a minimum vesting period of one year from the grant date. The scheme is in compliance with SEBI regulations.

Key Highlights

  • 10.6 Lakh ESOPs granted under the new scheme.
  • Exercise price set at ₹4 per option.
  • Minimum vesting period of one year.
  • Options exercisable within 12 months post-vesting.