StockWatch
·
Ceramics
ESOP22 May 2026, 07:22 pm

Orient Bell Terminates Employee Stock Option Scheme 2018

AI Summary

Orient Bell Ltd. announced the termination of its Employee Stock Option Scheme 2018, effective May 19, 2026. The decision was approved by the Board of Directors. The termination does not affect the rights of existing allottees, as all ESOPs under the scheme have been exercised and shares allotted.

Key Highlights

  • Orient Bell's Board approved the termination of the ESOP Scheme 2018.
  • Termination is effective from May 19, 2026.
  • The termination does not impact the rights of existing share allottees.
  • All ESOPs under the scheme have been exercised and shares allotted.