Ador Welding Limited has informed the Exchange about Approval of 02nd ESOP Grant
ADOR · price
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Ador Welding Limited's Nomination and Remuneration Committee has approved the 2nd grant of 36,800 stock options to 75 eligible employees under the Ador Employee Stock Option Plan 2025. The exercise price is set at Rs. 10 per share, which equals the face value of the equity shares. Options will vest after a minimum of 1 year from the grant date, and once vested, employees can exercise them within 3 years. This is the second ESOP grant under the 2025 plan, following the first grant approved in September 2025. The company has disclosed this in compliance with SEBI LODR regulations and SEBI's Share Based Employee Benefits Regulations 2021.
This is a routine employee compensation event and has no direct impact on current shareholders or stock price in the short term. However, it reflects management's intent to align employee interests with shareholders, which is generally viewed positively.