StockWatch
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Speciality Retail
ESOP25 Jun 2026, 07:20 pm

Vedant Fashions Approves Grant of 24,237 Stock Options

AI Summary

Vedant Fashions Limited's Board of Directors has approved the grant of 24,237 stock options under its Employee Stock Option Scheme 2018 ('Scheme Pratham') to eligible employees. Additionally, the Nomination & Remuneration Committee approved the allotment of 1,000 equity shares upon exercise of these options. This allotment has increased the company's issued, subscribed, and paid-up share capital to ₹24,29,78,245 from ₹24,29,77,245. The board also approved the re-appointment of M/s. Grant Thornton Bharat LLP as the Internal Auditor for FY 2026-27.

Key Highlights

  • Board approved grant of 24,237 stock options.
  • 1,000 equity shares allotted upon option exercise.
  • Share capital increased to ₹24,29,78,245.
  • Internal Auditor re-appointed for FY 2026-27.