V-Guard Industries Limited has informed the Exchange regarding Grant of 121071 Options.
VGUARD · price
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V-Guard Industries has informed the stock exchanges that its Nomination and Remuneration Committee, at a meeting held on July 28, 2025, approved the grant of 1,21,071 stock options to eligible employees under the company's Employee Stock Option Scheme (ESOS 2013). Each option entitles the holder to apply for one equity share of face value ₹1. The options are priced at ₹1 per option (face value), will vest over a period of up to 4 years based on time and performance criteria, and must be exercised within 6 years from the date of vesting. The scheme is compliant with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine ESOP grant aimed at employee retention and incentivization. Since the exercise price is at face value, the grant is highly favourable to employees, but the dilution from 1,21,071 shares is minimal relative to V-Guard's overall share base, so the impact on existing shareholders is negligible.