Grant of Stock Options by the Company under TVS Motor Company Employee Stock Option Plan
TVSMOTOR · price
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TVS Motor Company has received approval from its Nomination and Remuneration Committee to grant 22,998 stock options to employees under the company's Employee Stock Option Plan. The options cover 22,998 equity shares of Re 1 each, with the exercise price determined based on the market value of shares as of 8th May 2026 (last trading day before the grant). Vested options must be exercised within 4 years from the vesting date. The plan complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. This is a routine corporate governance disclosure required under SEBI LODR regulations for share-based employee benefit schemes.
This disclosure has no direct impact on the stock price or shareholder value. It represents a standard employee compensation mechanism and is in line with regulatory requirements.