ESOP21 Aug 2026, 08:30 pm
Vishal Mega Mart Grants 4.68 Cr Stock Options
AI Summary
Vishal Mega Mart Ltd announced the grant of 4,68,00,000 stock options to eligible employees under its Employees Stock Options Plan 2019. The exercise price for these options is set at Rs. 102.60 per option. Each option is convertible into one equity share of face value Rs. 10. The Nomination and Remuneration Committee approved this grant on August 21, 2026. The options can be exercised within 10 years from the grant date. This move aims to incentivize and retain key personnel.
Key Highlights
- 4.68 crore stock options granted to employees.
- Exercise price set at Rs. 102.60 per option.
- Options convertible into equity shares of Rs. 10 face value.
- Grant approved under the 2019 Employees Stock Options Plan.
- Exercise period is 10 years from the grant date.
Price Impact
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