Intimation on rolling out of the revised Second Phase "ESOP 2" of the existing ESOP Scheme of the Company by the name of "Amrutanjan Health Care Limited - Employee Stock Option Scheme 2020".
AMRUTANJAN · price
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Amrutanjan Health Care Limited has rolled out the revised Second Phase (ESOP 2) of its Employee Stock Option Scheme 2020, approved by the Board on May 8, 2026. The scheme covers 2,00,000 equity shares spread over 5 years (FY27-FY31), granted to 44 employees at top and middle management levels. Options are subject to achievement of two sales target slabs per financial year. First-time grantees receive 10% of allocation without vesting conditions after one year. The grant price is Rs. 502 per share, representing a 10% discount on the closing NSE market price of Rs. 558 as of May 7, 2026. Exercise windows extend up to October 2031, with shares bought from the secondary market via an ESOP Trust managed by Surana & Surana.
This ESOP aligns employee interests with company growth targets tied to sales performance, potentially boosting retention and performance at the management level. Shareholders should note 2 lakh shares may be issued in future, with dilution spread across a 5-year period.