Grant of Stock Options - Grasim Industries Limited Employee Stock Option and Performance Stock Unit Scheme 2022
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Grasim Industries has granted 32,651 stock options in total to an eligible employee under its Employee Stock Option and Performance Stock Unit Scheme 2022. The grant includes 29,462 regular stock options exercisable at Rs. 2,745.90 per option (based on the market price as of 13th August 2025) and 3,189 Performance Stock Units (PSUs) at Rs. 2 per unit. Options will vest in three equal tranches over 3 years, while PSUs will vest fully at the end of 3 years, subject to performance conditions. The scheme is implemented through the Grasim Employees' Welfare Trust. The approval was given by the Nomination and Remuneration Committee via circular resolution on 14th August 2025.
This is a routine employee compensation announcement with no material impact on shareholders. The grant size is small relative to the company, and the exercise price for options is at market price, meaning no dilutive discount. Existing shareholders should not see significant dilution or price impact.