Pidilite Industries Limited has informed the Exchange regarding Grant of 383550 Options.
PIDILITIND · price
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Pidilite Industries has granted 3,83,550 stock options to eligible employees of the company and its subsidiaries under the ESOP-2016 scheme on 6th August 2025. The options vest in two equal tranches — 1,92,275 options on 6th Aug 2026 and 1,91,275 options on 6th Aug 2027. The exercise price is Re. 1 per option, and employees have up to 3 years from the date of vesting to exercise these options. This is a routine ESOP grant to incentivise and retain employees.
This is a routine employee stock option grant and is not expected to materially impact the stock price. Shareholders should note a modest future dilution potential when these options are exercised at Re. 1 each.