StockWatch
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Diversified Retail
ESOP15 Jun 2026, 03:37 pm

Vishal Mega Mart Grants 9.75 Lakh Stock Options

AI Summary

Vishal Mega Mart Limited announced the grant of 9,75,000 stock options to eligible employees under its Employees Stock Options Plan 2019. The grant was approved by the Nomination and Remuneration Committee on June 15, 2026, with an exercise price of Rs. 119 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 intended to incentivize and retain key employees.

Key Highlights

  • 9,75,000 stock options granted to employees.
  • Exercise price set at Rs. 119 per option.
  • Options valid for 10 years from grant date.
  • Part of Vishal Mega Mart Employees Stock Options Plan 2019.