Grant of Stock Options - Grasim Industries Limited Employee Stock Option and Performance Stock Unit Scheme 2022
GRASIM · price
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Grasim Industries' Nomination and Remuneration Committee has granted 28,001 stock options and performance stock units (PSUs) to eligible employees under the company's 2022 ESOP scheme. Of the total, 18,722 are stock options exercisable at Rs. 2,794.50 per option (based on market price as of April 30, 2026), and 9,279 are PSUs exercisable at just Rs. 2 per unit. The stock options vest gradually at 33% per year over three years, while PSUs vest 100% after three years. All grants are subject to performance conditions and can be exercised within five years of vesting. The scheme complies with SEBI's Share Based Employee Benefits Regulations, 2021.
This grant aligns employee and management interests with shareholders, but the small number of 28,001 units means any potential share dilution is minimal. The market-based exercise price for stock options reflects current valuation, while PSU grants at nominal price serve as retention tools tied to long-term performance.