Radico Khaitan Limited has informed the Exchange regarding Grant of 60000 Options.
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Radico Khaitan Limited's Nomination, Remuneration and Compensation Committee has approved the grant of 60,000 stock options to eligible employees under the ESOP 2006 scheme. Each option gives employees the right to subscribe to one fully paid equity share of face value Rs. 2 each. The options are priced at Rs. 2,838.07 per share, which represents a 15% discount to the closing market price on May 5, 2026 on NSE. Vesting schedules vary based on employee tenure - those with over one year of service receive 33% after year one and the balance equally over the next three years, while others vest 25% annually over four years. Options can be exercised within three years from the vesting date.
This is a routine corporate governance disclosure with minimal near-term impact on shareholders. The potential dilution from these 60,000 shares is limited and spread over several years through vesting schedules.