Trident Limited Approves Employees Stock Option Plan 2026
Trident Limited has approved the formulation of its Trident Employees Stock Option Plan 2026 (the 'Scheme'), which is designed for eligible employees across the Company, its Subsidiary companies, and Associate companies. The Board of Directors has recommended this Scheme for shareholder approval in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The plan aims to incentivize key talent and apply exclusively to Eligible Employees of Trident Limited, along with its associated entities.
Key Details of the Stock Option Plan
Under the newly approved Scheme, which is intended to align employee interests with company growth, the total number of shares covered by these options stands at 25,47,97,783 Stock Options. These options are exercisable into an equal number of equity shares, amounting to 25,47,97,783 equity shares of face value Re. 1/- each, which are fully paid-up. The options represent 5% of the total issued capital as of July 6, 2026.The core parameters of the ESOP include:
| Parameter | Detail |
|---|---|
| Total Stock Options | 25,47,97,783 |
| Shares Covered | 25,47,97,783 equity shares |
| Face Value per Share | Re. 1/- (fully paid-up) |
| Pricing Formula | Exercise Price equals the closing Market Price of the Shares on the recognized Stock Exchange immediately preceding the Grant Date. |
| Exercise Period | Shall not exceed 5 years from the relevant date of vesting. Shorter periods apply for separation events such as resignation or termination. |
Governance and Administration
The Scheme has been formulated and is administered by the Nomination and Remuneration Committee (NRC), which is designated as the Compensation Committee under the terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The Nomination and Remuneration Committee is responsible for deciding the Vesting Period, subject to the overall provisions of the Scheme. The plan ensures that options granted are solely applicable to the defined Eligible Employees across all relevant corporate entities.
TRIDENT Stock Price Movement
Shares of Trident Limited settled today after shedding 1.42% to close at ₹26.25, following intraday trading that saw the stock test a low of ₹26.10. The equity traded within tight bounds throughout the session, with 3.93 million 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.