Orient Bell Limited has informed the Exchange regarding 'Intimation regarding Termination of Orient Bell Employees Stock Option Scheme 2018.'.
ORIENTBELL · price
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Orient Bell Limited's Board of Directors, in its meeting held on 19th May 2026, has approved the termination of the Orient Bell Employees Stock Option Scheme 2018. The company clarified that all ESOPs available under the scheme have already been exercised and shares have been allotted to employees. The termination will not affect the rights of employees who have already received shares under the scheme. This is essentially an administrative closure of an ESOP that has been fully utilized.
No direct impact on shareholders or stock price. This is a routine corporate governance action marking the completion of the ESOP scheme, as all options have already been exercised and shares allotted to employees.