Aether Industries Approves Grant of Stock Options Under Employee Scheme 2021
Aether Industries Limited has approved the grant of a substantial number of stock options under its 'Aether Industries Limited Employee Stock Option Scheme 2021' (AIL ESOS 2021). The decision was made by the Company’s Nomination and Remuneration Committee on July 8, 2026.The company has granted a total of 1,77,996 stock options to eligible employees under the scheme. Each option carries an exercise price of Rs. 1,200, with the underlying shares having a Face Value of Rs. 10/- each.
The options are structured across five tranches, designated as Trench-10. These grants fall under the AIL ESOS 2021 and relate to the employee stock option scheme established by the company.
Stock Options Grant Details
Details regarding the grant include the structure and timeline for vesting:| Trench | Total Options Granted | Exercise Price (per option) |
|---|---|---|
| Trench-10 | 1,77,996 | Rs. 1,200 |
The options are covered by a total of 1,77,996 shares. The scheme requires that employees exercise the granted options within two years from their respective vesting date.
Vesting Schedule and Terms
Aether Industries Limited has set out specific vesting schedules for these grants, distributed across three hundred seventy-seven grantees:| Sl. No. | Date of Vesting and Exercise | Percentage of Options Granted |
|---|---|---|
| 1. | 08.07.2028 | 20.00% |
| 2. | 08.07.2029 | 20.00% |
| 3. | 08.07.2030 | 20.00% |
| 4. | 08.07.2031 | 20.00% |
| 5. | 08.07.2032 | 20.00% |
As of the grant, there have been no options exercised or money realized through the exercise of options under this specific trench. The terms of these grants were finalized by the Nomination and Remuneration Committee in alignment with the current scheme parameters.
AETHER Stock Price Movement
Shares of Aether Industries Limited surge to ₹1383.7 as of 2:05 PM today, trading higher after jumping 4.04%. The company's equity achieves a critical milestone by hitting its 52-week high amidst robust market activity, with 580,584 shares traded during the live market session.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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