StockWatch
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Diversified Retail
ESOP8 Jun 2026, 10:11 pm

Vishal Mega Mart Grants 1,00,000 Stock Options

AI Summary

Vishal Mega Mart Limited has approved the grant of 1,00,000 stock options to an eligible employee under its Employees Stock Options Plan 2019. The exercise price for these options is set at Rs. 118/- per option. Each option is convertible into one equity share of Rs. 10 face value. The exercise period for vested options is 10 years from the grant date. This move is part of the company's employee incentive program.

Key Highlights

  • 1,00,000 stock options granted to an employee.
  • Exercise price set at Rs. 118 per option.
  • Options are under the 2019 Employees Stock Options Plan.
  • Exercise period is 10 years from grant date.