The NRC of Board approved the Grant of Employee Stock Options
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The Nomination and Remuneration Committee (NRC) of Som Distilleries & Breweries Limited has approved the grant of 4,54,750 stock options to eligible employees. This is under the company's existing ESOP Scheme, 2020. The decision was made at the NRC meeting held on May 30th, 2026. This is part of the company's employee retention and incentive programme. The options will likely have a vesting period before employees can exercise them.
This is a routine corporate action that aligns employee interests with shareholders. It has no immediate impact on the stock price but can be viewed positively as it helps retain and motivate employees. The actual cost dilution will only occur when options are exercised.