Aditya Birla Sun Life AMC Approves Grant of Stock Options and PSUs Under ESOP Scheme 2025
The Nomination, Remuneration and Compensation Committee of the Board of Directors of Aditya Birla Sun Life AMC Limited approved a grant of Stock Options and Performance Stock Units (PSUs) to eligible employees under the Employee Stock Option and Performance Stock Unit Scheme 2025 (ESOP Scheme 2025). The approval was granted on July 30, 2026.The Committee authorized the granting of 8,53,740 Stock Options to eligible employees, which cover the same number of equity shares as the PSUs granted. Additionally, a total of 1,93,728 PSUs were granted to eligible employees under the ESOP Scheme 2025.
The details concerning these grants have been formalized, outlining the specific financial terms and vesting conditions for both Stock Options and PSUs:
| Feature | Stock Options Details | PSU Details |
|---|---|---|
| Number Granted | 8,53,740 | 1,93,728 |
| Total Shares Covered | 8,53,740 equity shares (each convertible into 1 equity share of face value ₹5) | 1,93,728 equity shares (each convertible into 1 equity share of face value ₹5) |
| Exercise Price | ₹ 1,017.5 | ₹5 |
| Vesting Schedule | Spread over 3 tranches from 2027 to 2029 (Year 1: 33.33%, Year 2: 33.33%, Year 3: 33.33%) | Spread over 3 tranches from 2027 to 2029 (Year 1: 33.33%, Year 2: 33.33%, Year 3: 33.33%) |
| Exercise Period | Five years from the date of vesting | Five years from the date of vesting |
A key condition noted for both the Stock Options and PSUs is that they shall vest no earlier than the completion of one year and not later than five years from the date of grant. This scheme adheres to the stipulations laid out in SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The Committee met with the purpose of this matter commencing at 10:40 a.m. and concluding at 11:00 a.m.
ABSLAMC Stock Price Movement
Aditya Birla Sun Life AMC Limited shares are edging higher to ₹1019.8 as of 11:27 AM, climbing ₹2.30 or 0.23% from the previous close. The stock is trading with a volume of 28,020 shares and currently sits well above its daily low of ₹1012.2.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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