Welspun Corp Limited Grants Stock Options to Employees
Welspun Corp Limited announced today, March 25, 2026, that its Nomination and Remuneration Committee has approved the grant of 86,717 stock options to eligible employees under the Welspun Corp Employee Benefit Scheme 2022. The scheme is managed through the Welspun Corp Employees Welfare Trust.The grant details are outlined below:
| Detail | Information |
|---|---|
| Number of Stock Options Granted | 86,717 Stock Options |
| Regulatory Compliance | The scheme adheres to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. |
| Vesting Period | Options vest over three years, with 30% vesting after the first year, 35% in the second year, and the remaining 35% in the third year. |
| Exercise Period | Vested options can be exercised within one year of the corresponding vesting date. |
| Exercise Price | Rs. 300 per option |
The announcement was made to the BSE Ltd. (Scrip Code: Equity - 532144), (NCD -973309) and the National Stock Exchange of India Ltd. (Symbol: WELCORP, Series EQ).
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