Arvind Limited’s Nomination Committee Approves Grant of 1,25,000 Stock Options Under Employee Scheme
Arvind Limited announced that its Nomination and Remuneration Committee (NRC) approved the grant of 1,25,000 stock options to eligible employees under the AL - Employee Stock Option Scheme - 2021. The approval was granted on August 14, 2026.The initiative falls under the broader terms of the AL - Employee Stock Option Scheme - 2021. These options relate to Arvind Limited (AL) and constitute a key part of the company’s structure for employee compensation as per SEBI standards.
A detailed breakdown of the options granted, including pricing and vesting schedules, was made public through the relevant channels.
Key details regarding the stock option grant are provided below:
| Feature | Details |
|---|---|
| Total Options Granted | 1,25,000 stock options |
| Scheme Name | AL - Employee Stock Option Scheme - 2021 |
| Face Value per Share | Rs. 10/- each |
| Exercise Price per Share | Rs. 555.65/- each |
| Vesting Terms | Options vest based on set vesting conditions, scheduled across three years for the different tranches of options. |
| Option Lapse Period | Within three years from the date of vesting of stock. |
The granted options adhere to the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEB Regulations, 2021).
Specific vesting schedules for the 1,25,000 options are detailed as follows:
| Options Granted | Vesting Date | Number of Options |
|---|---|---|
| Tranche 1 | August 31, 2028 | 16,666 |
| Tranche 2 | August 31, 2029 | 16,667 |
| Tranche 3 | August 31, 2030 | 16,667 |
Additionally, the remaining options are scheduled as follows:
| Options Granted | Vesting Date | Number of Options |
|---|---|---|
| Tranche 4 | August 31, 2028 | 25,000 |
| Tranche 5 | August 31, 2029 | 25,000 |
| Tranche 6 | August 31, 2030 | 25,000 |
ARVIND Stock Price Movement
Today, Arvind Limited shares edged higher to close at ₹571.85 after gaining 2.08%. The stock saw strong trading activity throughout the day, with a reported volume of 1.28 million shares settling at the close.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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