Samvardhana Motherson International Limited has submitted with the Stock Exchange regarding approval by the Nomination and Remuneration Committee of the Board of Directors of the Company, ....
MOTHERSON · price
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The Nomination and Remuneration Committee of Samvardhana Motherson International Limited approved the grant of 23,211,370 employee stock options to eligible employees under the ESOP Scheme 2025. Each option can be exercised to receive one fully paid-up equity share at an exercise price of INR 121.21 per share. The vesting period ranges from 1 to 5 years from the grant date, and once vested, employees can exercise these options within a maximum period of 3 years. The scheme applies to employees of the company and its group/subsidiary companies, and is administered through the Motherson ESOP Trust. The ESOP Scheme 2025 complies with SEBI regulations for share-based employee benefits.
If all options are exercised, approximately 23.2 million new shares will be issued, causing minor dilution to existing shareholders. The scheme is designed to align employee interests with long-term company performance.