Indus Towers grants 8.14 lakh stock options to 144 employees under ESOS 2014
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Indus Towers has informed the exchange about grant of 8,13,968 stock options to 144 eligible employees under the Employee Stock Option Scheme 2014. The HR, Nomination and Remuneration Committee approved the grants on July 27, 2026. Each option is convertible into one equity share at an exercise price of Rs. 10. Vesting happens over 3 years at 30 percent, 30 percent, and 40 percent respectively. Vesting is performance-linked and can go up to 120 percent of target. Employees have 7 years from vesting date to exercise the options.
Mild dilution risk as up to 8.14 lakh new shares may be issued over time. Performance-linked ESOPs reflect retention focus and management confidence.