Unichem Laboratories Limited has informed the Exchange regarding 'Extension of the exercise period for the options granted and vested under UnichemEmployee Stock Option Scheme 2018'.
UNICHEMLAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Unichem Laboratories has extended the exercise window for employees holding vested stock options under its ESOP 2018 scheme. The Nomination and Remuneration Committee approved the change at a meeting on 4th August 2025. For the 1st tranche of 250,000 options (vested on 1 July 2024), the exercise deadline has been pushed from 30 September 2025 to 30 September 2026. For the 2nd tranche of 125,000 options (vested on 1 May 2025), the deadline has been moved from 31 July 2026 to 30 September 2026, aligning both tranches to a common expiry. All other terms and conditions of the granted options remain unchanged.
This is an employee-friendly move giving option holders an extra year to exercise on the first tranche, which may help retention. There is no direct material impact on existing shareholders, though it signals that employees may not have found the recent share price attractive enough to exercise within the original window.