ESOP11 Sept 2026, 03:31 pm
Unichem Extends ESOP Exercise Period for 375,000 Options
AI Summary
Unichem Laboratories Ltd announced the extension of the exercise period for vested options under its Employee Stock Option Scheme 2018. The Nomination and Remuneration Committee (NRC) approved the extension via circular resolution on September 11, 2026. This affects the first and second tranches of vested options, with the exercise period now extended to March 31, 2027, from the previous date of September 30, 2026. The first tranche comprises 250,000 options vesting on July 1, 2024, and the second tranche includes 125,000 options vesting on May 1, 2025. All other terms and conditions of the granted options remain unchanged.
Key Highlights
- Exercise period for ESOPs extended to March 31, 2027.
- Affects 375,000 vested options across two tranches.
- No change to other terms and conditions of the options.
- Decision made by the Nomination and Remuneration Committee.
Price Impact
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