Orient Bell Limited Approves Grant of 68,000 Stock Options under ESOP Scheme
Orient Bell Limited announced that its Compensation Committee approved a significant grant of Employee Stock Options (ESOP) on Tuesday, August 4, 2026. The options are part of the Employees Stock Option Scheme, 2021, intended to incentivize employees.The company confirmed the details of the granted options, which total 68,000 stock options. Each option is convertible into an equity share, with a face value of Rs. 10/- per share. The Exercise Price for these options is set at Rs. 10/- per share, matching the face value.
A summary of the ESOP grant details is provided below:
| Particulars | Detail |
|---|---|
| Scheme Name | Employees Stock Option Scheme, 2021 |
| Total Options Granted | 68,000 Employee Stock options |
| Shares Covered | 68,000 Equity Shares (Each convertible into 1 Equity Share) |
| Exercise Price | Rs. 10/- per share (at face value) |
Key Terms and Conditions of the Options
The grant details established specific terms governing the vesting and exercise of these options. The compensation committee determined that the options will vest contingent upon the completion of at least one year from the date of the grant, with a maximum tenure period of five years.Regarding the pricing mechanism, the Committee stipulated that the Exercise Price for the options must be decided based on the market price, which is defined as the latest available closing price on a recognized stock exchange prior to the relevant date. Should the company's shares be listed on multiple exchanges, the closing price from the exchange exhibiting higher trading volume will be considered as the market price. Furthermore, the committee retained the power to adjust or re-price the grants and ensure that the Exercise Price never falls below the par value of the Equity share, which is Rs. 10/- per share.
Financial Context
The company also provided a key financial metric related to its recent performance: Diluted earnings as on June 30, 2026, have been reviewed by auditors and stand at 5.71 per share based on the Standalone Unaudited Financial Results.ORIENTBELL Stock Price Movement
Today, shares of Orient Bell Limited shed 0.02% during the market close to settle at ₹317.60. The equity recorded a total traded volume of 2,779 shares in its post-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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