Grant of 60,000 Stock Options to the eligible employees of the Company under ESOP Scheme, 2006.
RADICO · price
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Radico Khaitan's Nomination, Remuneration and Compensation Committee approved the grant of 60,000 stock options to eligible employees on May 6, 2026, under the company's existing ESOP 2006 scheme. The options have a face value of Rs. 2 each and were priced at Rs. 2,838.07 per option, which represents a 15% discount to the NSE closing price on May 5, 2026. Each option confers the right to subscribe to one fully paid equity share. Vesting schedules differ based on tenure: employees with at least one year of service vest 33% in year one and the remainder equally over the next three years, while those with less than one year vest 25% each year over four years. Options can be exercised within three years from the vesting date. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The grant aligns employee interests with shareholders and supports talent retention, but with only 60,000 options the share dilution is minimal. No immediate impact on earnings per share is expected as the options have not yet been exercised.