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Quarterly Result31 Oct 2026, 08:15 pm

Studds Accessories Declares Unaudited Q2 FY27 Results & Approves ESOPs

AI Summary

Studds Accessories Ltd announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors, in a meeting held on October 31, 2026, approved these results. Additionally, the Board and the Nomination and Remuneration Committee approved the grant of 1,30,000 Employee Stock Options under the Studds Accessories Limited Employee Stock Option Scheme, 2026, to eligible employees. The exercise price for these options is set at INR 334.90, representing a 15% discount to the market price on October 30, 2026. The ESOP scheme complies with SEBI regulations, with a minimum vesting period of one year and a maximum exercise period of five years from vesting.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q2 FY27 declared.
  • Board approved the financial results and limited review reports.
  • 1,30,000 ESOPs granted to eligible employees.
  • ESOP exercise price set at INR 334.90, a 15% discount.
  • ESOP scheme complies with SEBI regulations.