ESOP13 May 2026, 02:07 pm
Suven Life Sciences Grants 1,33,200 Stock Options
AI Summary
Suven Life Sciences Ltd has granted 1,33,200 stock options to eligible employees under the 'Suven Life Employee Stock Option Scheme 2020' (SLSL ESOP 2020). The grant, approved on May 13, 2026, allows employees to apply for equity shares of ₹1 each at an exercise price of ₹55 per option. The options will vest over three years, starting May 13, 2027, with a two-year exercise period from the vesting date. The Nomination & Remuneration Committee retains the right to modify the vesting schedule, subject to applicable laws.
Key Highlights
- Suven Life Sciences grants 1,33,200 stock options under SLSL ESOP 2020.
- The exercise price is set at ₹55 per option.
- Vesting occurs in three tranches over three years, starting May 13, 2027.
- Options can be exercised within two years of vesting.
- The Nomination & Remuneration Committee can modify the vesting schedule.
Price Impact
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