Arvind Limited has informed the Exchange regarding Grant of Options.
ARVIND · price
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Arvind Limited's Nomination and Remuneration Committee has granted 32,000 stock options to eligible employees under the ESOS-2021 scheme. The exercise price is Rs. 485.80 per share for equity shares of Rs. 10 each. The options will vest in three tranches: 10,560 options each on 31-May-2028 and 31-May-2029, and 10,880 options on 31-May-2030. Once vested, employees can exercise these options within 3 years. The scheme complies with SEBI SBEB Regulations, 2021.
This is a routine employee compensation disclosure with minimal direct impact on shareholders. The potential dilution is limited given the relatively small number of options (32,000 shares) against the company's total equity base.