Grant of Options Under Aarti Industries Limited PSOP 2022
Awaiting price reaction for this filing.
Aarti Industries has granted 2,21,475 stock options to eligible employees under its Performance Stock Option Plan 2022 (PSOP 2022), as approved by the Nomination and Remuneration Committee on May 7, 2025. Each option can be converted into one equity share of face value ₹5, at an exercise price of just ₹5 per option. The options will vest in three equal tranches over three years from the grant date, subject to the employee staying with the company and meeting certain performance targets. The grant complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine ESOP grant and a positive signal of employee retention and performance-based incentive alignment. The exercise price being set at face value (₹5) means employees only benefit if the stock price rises above this level, but it will result in mild equity dilution for existing shareholders when options are eventually exercised.