ESOP23 May 2026, 05:41 pm
S&S Power Switchgear: ESOP Scheme 2024 Updates
AI Summary
S&S Power Switchgear Ltd. announced updates regarding its Employee Stock Option Scheme 2024, as per Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. The company reviewed stock options granted to eligible employees, disclosing details as required by SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The scheme involves two tranches with exercise prices at ₹180 per option, exercisable into equity shares of face value ₹10 each.
Key Highlights
- S&S Power Switchgear reviews ESOP Scheme 2024.
- 6,62,801 options granted under Tranche 1, exercisable into equal number of shares.
- 2,26,000 options granted under Tranche 2, also exercisable into equal number of shares.
- Exercise price for both tranches is ₹180 per option.
- Exercise period is a maximum of 4 years from vesting date.
Price Impact
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