Welspun Enterprises Limited Grants Stock Options to Employees
Welspun Enterprises Limited announced today, March 23, 2026, that its Board of Directors approved the grant of 600,000 stock options to eligible employees under the Welspun Enterprises Employee Benefit Scheme - 2022. The decision follows a recommendation from the Nomination & Remuneration Committee meeting held on March 21, 2026.The exercise price for the options is set at Rs. 462 per option. A vesting schedule stipulates that 25% of the options will vest each year over a four-year period, beginning from the first anniversary of the grant date. The exercise period for the options is one year from the date of the last vesting.
The grant adheres to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The total number of shares covered by these options is 600,000 equity shares with a face value of Rs. 10 each.
Table: Details of Stock Option Grant
| Particulars | Details |
|---|---|
| Options Granted | 600,000 |
| Regulatory Compliance | Adheres to SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 |
| Shares Covered | 600,000 equity shares (Rs. 10/- each) |
| Exercise Price | Rs. 462 per Option |
| Vesting Schedule | 25% vesting each year over 4 years |
| Exercise Period | 1 year from last vesting date |
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