Grant of Stock Options to eligible Employees of the Company.
ARVINDFASN · price
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Arvind Fashions Ltd's Nomination and Remuneration Committee has granted 1,00,000 stock options to eligible employees under the Employees Stock Option Scheme – 2025. Each option entitles the holder to purchase 1 equity share of Rs. 4/- at an exercise price of Rs. 436.30 per share. The options will vest in three tranches: 33,333 options each on May 31, 2028, May 31, 2029, and May 31, 2030. Once vested, employees can exercise these options within 3 years. The scheme complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This ESOP grant aligns employee interests with shareholders but will cause gradual share dilution of up to 1 lakh shares over 2028-2030. The exercise price of Rs. 436.30 indicates options are granted at-market pricing, which is neutral for existing shareholders.