StockWatch
·
Industrial Products
ESOP2 Jul 2026, 07:50 pm

Uniparts India Grants 7,368 Stock Options

AI Summary

Uniparts India Ltd announced the grant of 7,368 stock options to eligible employees under its 'Uniparts India Limited – Employee Stock Option Scheme 2023' (ESOS 2023). The Nomination and Remuneration Committee (NRC) approved the grant on July 02, 2026. Each option is convertible into one equity share of face value Rs. 10. The exercise price is set at Rs. 496.24 per option. Options will vest not earlier than one year and not later than four years from the grant date. The exercise period for vested options is a maximum of three years from each vesting date. Diluted earnings per share are calculated at Rs. 33 based on the financial year ended March 31, 2026.

Key Highlights

  • 7,368 stock options granted to employees under ESOS 2023.
  • Exercise price fixed at Rs. 496.24 per option.
  • Vesting period: 1-4 years from grant date.
  • Exercise period: Max 3 years from vesting date.
  • Diluted EPS calculated at Rs. 33 per share.