ESOP29 Jul 2026, 05:20 pm
Piramal Pharma Grants 56.36 Lakh Stock Options
AI Summary
Piramal Pharma Limited announced the grant of up to 56,36,436 stock options under its Employee Stock Option and Incentive Plan 2022. The Nomination and Remuneration Committee approved the grant on July 29, 2026. The options are exercisable at Rs. 10 per option. Vesting schedules vary for employees located in the US and other locations, with exercise periods generally extending up to five years from the vesting date.
Key Highlights
- Piramal Pharma granted over 5.6 million stock options.
- Options are under the Employee Stock Option and Incentive Plan 2022.
- Exercise price set at ₹10 per option.
- Vesting and exercise periods differ for US and non-US employees.
- Grant approved by the Nomination and Remuneration Committee.
Price Impact
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