Lloyds Metals and Energy Ltd Grants Employee Stock Options under ESOP-2024 Scheme
Lloyds Metals and Energy Ltd announced that its Nomination and Remuneration Committee (NRC) approved the grant of employee stock options as part of the Lloyds Metals and Energy Employee Stock Option Scheme - 2024. The committee passed a circular resolution on June 5, 2026, approving the allocation of these options.Under the scheme, the company granted a total of 10,61,689 employee stock options (Options). These Options are governed by the Lloyds Metals and Energy Employee Stock Option Scheme - 2024 (LLOYDS ESOP-2024). The NRC determined the exercise price for these Options to be Rs. 4/- per Option.
The granted Options cover a total of 10,61,689 equity shares, which have a face value of Re. 1/- each and are fully paid up.
Key Details of Granted Stock Options
A detailed summary of the terms and conditions related to the grant was provided:| Particulars | Detail |
|---|---|
| Total Options Granted | 10,61,689 |
| Total Shares Covered | 10,61,689 Equity Shares |
| Face Value per Share | Re. 1/- (Rupee One Only) |
| Exercise Price | Rs. 4/- per Option |
| Vesting Period Requirement | Minimum of 1 Year from the date of Grant |
| Maximum Exercise Window | 12 months from the date of vesting |
The grant and subsequent terms of these Options were approved by the Nomination and Remuneration Committee, establishing a clear framework for employee benefits under the ESOP-2024 plan.
LLOYDSME Stock Price Movement
Today, shares of Lloyds Metals and Energy Limited edged up slightly, settling at ₹1778.60 after closing gains of 0.08%. The equity traded a total of 486,178 shares during the 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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