Grant of Stock Options ( SOs ) and Performance Stock Units ( PSUs ), under Embassy Developments Limited Employee Stock Option Scheme 2025.
EMBDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Embassy Developments Limited's Nomination and Remuneration Committee approved the grant of 272,935 Stock Options (SOs) and 165,887 Performance Stock Units (PSUs) to eligible employees under the Embassy ESOS 2025 scheme. The SOs are priced at INR 111.51 per option, while PSUs are priced at INR 2 (face value). SOs will vest uniformly over 4 years at 25% each year, while PSUs vest based on achievement of performance milestones. The company notes this is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company was formerly known as Equinox India Developments Limited and earlier Indiabulls Real Estate Limited.
This represents a standard employee incentive programme. The grant of 438,822 total instruments (SOs + PSUs) represents potential equity dilution for existing shareholders, though the impact depends on future exercise and vesting conditions being met.