Lenskart Solutions Limited has informed the Exchange regarding grant of stock options pursuant to approval of Nomination and Remuneration Committee
LENSKART · price
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Lenskart Solutions Limited announced the grant of 3,47,000 Employee Stock Options to eligible employees of the company and its group/subsidiary/associate companies. Each option converts into one equity share with a face value of INR 2. The exercise price is fixed at INR 389 per share, calculated as the average closing price for 30 days prior to grant. The options can be exercised after vesting during the employment period. The grant was approved by the Nomination and Remuneration Committee via circular resolution on May 8, 2026, and the plan complies with SEBI (SBEB) Regulations, 2021.
This ESOP grant aligns employee interests with shareholders and can aid talent retention. The maximum potential dilution is 3,47,000 shares (0.16% of shares if total outstanding is ~21 crore), which has minimal impact on existing shareholders.