Aditya Birla Lifestyle Brands Limited has informed the Exchange regarding Outcome of Board Meeting held on August 13, 2025.
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The Board of Directors of Aditya Birla Lifestyle Brands Limited, at its meeting on August 13, 2025, approved the introduction and adoption of the Aditya Birla Lifestyle Brands Limited Employee Stock Option Scheme 2025 ('ESOP Scheme 2025'), based on the recommendation of the Nomination and Remuneration Committee. The scheme proposes to grant stock options exercisable into a maximum of 43,70,000 equity shares, which represents just 0.36% of the company's total equity share capital. The implementation of this scheme is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM).
The dilution from this ESOP scheme is minimal at 0.36% of equity capital, so the impact on existing shareholders is negligible. ESOPs are generally viewed positively as they align employee interests with shareholder value creation, but the small size means no material price impact is expected.