ESOP27 Oct 2026, 02:47 pm
Pidilite Industries Grants 1,44,270 Stock Options
AI Summary
Pidilite Industries Ltd has announced the grant of 1,44,270 stock options under its ESOP-2016 scheme to eligible employees. Each option has an exercise price of Re. 1/-. The options will vest in tranches between October 27, 2027, and October 27, 2029. The exercise period for these options is up to three years from their respective vesting dates. This move is aimed at incentivizing and retaining key talent within the organization.
Key Highlights
- 1,44,270 stock options granted to employees.
- Exercise price set at Re. 1/- per option.
- Vesting schedule spans from Oct 2027 to Oct 2029.
- Exercise period up to 3 years post-vesting.
- ESOP-2016 scheme utilized for the grant.
Price Impact
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