Studds Accessories Limited has informed the Exchange about Options to purchase securities by the formulation, adoption and implementation of Studds Accessories LimitedEmployee Stock Option Scheme 2026
STUDDS · price
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Studds Accessories Limited reported strong FY 2025-26 standalone results with revenue from operations of ₹6,301.85 million, up 8.2% from ₹5,825.59 million in the previous year. Net profit grew 18.3% to ₹837.53 million from ₹707.78 million, with basic and diluted EPS at ₹21.28. The Board recommended a dividend of ₹3 per equity share (60% on face value of ₹5), subject to shareholder approval. The company also approved the Studds ESOP Scheme 2026 for employees, covering up to 0.75% of post-issued equity capital (maximum 2,97,381 shares) at exercise price not less than 85% of market price. CFO change was announced: Mr. Manish Mehta stepping down effective July 1, 2026, with Mr. Bharat Goyal appointed as new CFO. Deloitte Haskins & Sells LLP was appointed as internal auditors for FY 2026-27.
The strong profit growth of 18.3% and maiden dividend declaration signal healthy financial performance post-listing. The ESOP scheme will help retain talent but may cause minor dilution. Leadership continuity with the new CFO appointment is positive for stability.