Vital Chemtech Limited Grants Stock Options to Employees
Vital Chemtech Limited announced today, March 24, 2026, that its Nomination and Remuneration Committee has granted 2,32,300 equity stock options (ESOPs) to eligible employees under the Vital Employee Stock Option Scheme-2025. Each option has a grant price of Rs. 10.The ESOPs were granted in accordance with the SEBI (Share Based Employee Benefits) Regulations, 2021. The scheme was formulated and approved by the Company’s shareholders.
A total of 2,32,300 ESOPs cover 2,32,300 Equity Shares of Rs. 10 each. Each stock option entitles the holder to apply for and be allotted one equity share. The vesting period for the options is a minimum of one year and a maximum of three years, as detailed in individual grant letters. Options can be exercised within 60 days of the vesting period's closure, as determined by the Nomination and Remuneration Committee.
Details of Stock Options Granted
| Particular | Details |
|---|---|
| Total Options Granted | 2,32,300 |
| Shares Covered | 2,32,300 Equity Shares |
| Grant Price per Option | Rs. 10 |
| Vesting Period | 1 to 3 years |
| Exercise Period | 60 days from vesting period closure |
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