Allied Blenders and Distillers Limited has informed the Exchange about General Updates
ABDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Allied Blenders and Distillers Limited (ABDL) has amended its Employee Stock Option Scheme 2024 (ESOS 2024) to bring more clarity on how many stock options can be granted to employees. The Nomination and Remuneration Committee approved this change on August 22, 2025, via a circular resolution. The overall per-employee cap of 45 lakh options, as originally approved by shareholders through a postal ballot in January 2025, remains unchanged. A new sub-limit has now been added: no eligible employee can receive more than 27.97 lakh options in a single grant per year. Additionally, if any grant equals or exceeds 1% of the company's issued capital, the company must follow extra compliance steps under Sub-clause 3.3 of the scheme. The company clarified that no options have actually been issued yet under ESOS 2024, and the amendment is purely clarificatory and not prejudicial to employees' interests.
This is a procedural, clarificatory amendment that does not change the shareholder-approved option limits and introduces no new dilution since no options have been granted yet. Investors are unlikely to see any meaningful impact on the stock price from this filing — it is a routine governance and regulatory compliance update.