V-Guard Industries Approves Grant of 76,416 Stock Options

V-Guard Industries Ltd announced that its Nomination and Remuneration Committee has approved the grant of 76,416 stock options to eligible employees under the Employee Stock Option Scheme (ESOS) 2013. These options carry the right to acquire equity shares at a face value of ₹1 each. The options will vest over a period of not more than four years, based on time and performance criteria, and can be exercised within six years from the date of vesting. The scheme complies with SEBI regulations.