Cera Sanitaryware Stock Options Vesting: 2,244 Options Available for Exercise as of June 5, 2026
Cera Sanitaryware Limited announced that a portion of the options granted under its Employee Stock Option Scheme 2024 (ESOS 2024) have completed their time-based vesting period and are available for exercise. The vested stock options pertain to employees who were originally granted the options on June 5, 2024.The disclosure concerns the ESOS 2024, under which a total of 14,950 employee stock options were initially granted to eligible personnel. These options covered 14,950 equity shares of Cera Sanitaryware Limited, with each share having a face value of Rs. 5/-.
As per the vesting schedule of the scheme, 2,244 options vested and are ready for exercise effective from June 5, 2026. The options grantholders are provided a maximum period of five years to exercise these vested options starting from the date of vesting.
Key details regarding the stock option scheme are summarized in the table below:
| Particulars | Details |
|---|---|
| Name of Scheme | Cera Sanitaryware - Employee Stock Option Scheme 2024 (ESOS 2024) |
| Options Granted | 14,950 Options to eligible employees on June 5, 2024 |
| Shares Covered | 14,950 Equity Shares of face value Rs. 5/- each |
| Vested Options | 2,244 options effective from June 5, 2026 |
| Exercise Period | Maximum of five years commencing from the relevant date of vesting |
| Pricing Formula | The exercise price per option is set at the face value of the Shares (Rs. 5/-) |
The terms of the grant stipulate that a valid exercise of a vested option entitles the eligible employee to one fully paid up equity share of the company. The overall vesting schedule for the options includes subsequent milestones, including 10% vesting on the first anniversary, and an additional 15% vesting upon the second anniversary from the grant date.
CERA Stock Price Movement
Shares of Cera Sanitaryware Limited slipped slightly today, closing down 0.44% to settle at ₹5,512.5 after shedding ₹24.50 in trading. The stock’s daily movement occurred within a range established by the intraday lows of ₹5,502 and highs of ₹5,641.5%, amid 3,601 shares transacted.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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