ESOP5 Jun 2026, 06:11 pm
Lloyds Metals Grants 1.41 Lakh Employee Stock Options
AI Summary
Lloyds Metals and Energy Ltd announced the grant of 1,41,300 Employee Stock Options (ESOPs) under its 2017 plan. The Nomination and Remuneration Committee approved the grant on June 5, 2026. The exercise price for these options is set at ₹4 per option. The options have a vesting period of at least one year from the grant date and can be exercised within three years from vesting. This move is intended to incentivize employees and align their interests with the company's performance.
Key Highlights
- 1,41,300 Employee Stock Options granted under the 2017 plan.
- Exercise price set at ₹4 per option.
- Options have a minimum one-year vesting period.
- Exercisable within three years from vesting.
- Grant approved by the Nomination and Remuneration Committee.
Price Impact
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