Bajaj Electricals Limited has informed the Exchange about General Updates - Grant of 2,50,247 stock options under Bajaj Electricals Limited- Performance Stock Option Plan2023 ( PSOP Plan 2023 )
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On August 7, 2025, the Nomination and Remuneration Committee of Bajaj Electricals approved the grant of 2,50,247 Performance Stock Options to 194 eligible employees under the company's PSOP Plan 2023. Each option is convertible into one fully paid-up equity share of face value Rs. 2. The exercise price has been set at Rs. 2 per share, which is the same as the face value of the equity share. The exercise window is two years from the date of vesting for each tranche. The grant is fully compliant with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine employee incentive grant with a small potential dilution of 2,50,247 shares. Since the exercise price equals the face value (Rs. 2), employees only benefit from future price appreciation, aligning their interests with shareholders. Minimal near-term impact on stock price is expected.