Grant of options under ESOS 2013
VGUARD · price
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V-Guard Industries has announced the grant of 72,655 stock options to eligible employees under its Employee Stock Option Scheme 2013. The exercise price is ₹1 per option (face value), with vesting spread over a maximum of four years based on time and performance criteria. Options can be exercised within six years from the date of vesting. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The Nomination and Remuneration Committee approved the grant on May 11, 2026.
This is a routine corporate action related to employee compensation through equity. The impact on shareholders is minimal, as it involves a relatively small number of options (72,655) compared to the total outstanding shares. No material dilution is expected.