Welspun Enterprises Limited has informed the Exchange regarding Grant of Stock Options under Welspun Enterprises Employee Benefit Scheme -2022.
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Welspun Enterprises has granted 6,00,000 (six lakh) stock options to eligible employees under its Employee Benefit Scheme 2022. The exercise price has been set at Rs. 462 per option, with each option convertible into one equity share of Rs. 10 face value. The options will vest in four equal tranches of 25% each year, starting from the first anniversary of the grant date, with a one-year exercise window from the date of final vesting. The grant was approved by the Board on March 23, 2026, based on the recommendation of the Nomination and Remuneration Committee from its March 21, 2026 meeting.
This is a routine ESOP allotment that will lead to mild equity dilution once options are exercised, but no immediate impact on share price or shareholder value. The Rs. 462 exercise price sets a useful reference benchmark for the stock's performance relative to employee expectations.