Spencer’s Retail Limited Approves Grant of Stock Options

Spencer’s Retail Limited Approves Grant of Stock Options

Spencer’s Retail Limited Approves Grant of Stock Options​

Spencer’s Retail Limited announced on March 24, 2026, that its Nomination and Remuneration Committee has approved the grant of stock options to eligible employees. The grant involves 1,20,000 equity shares, with each option allowing for the exercise into one equity share, under the Spencer's Retail Employee Stock Option Plan 2019. This action aligns with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company's stock symbol on the National Stock Exchange is SPENCERS, and the scrip code on the BSE Limited is 542337.

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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