Arvind Limited’s Nomination and Remuneration Committee has approved the grant of 1,25,000 stock options to eligible employees under the AL – Employee Stock Option Scheme – 2021. The options are exercisable at ₹555.65 per share, with specific vesting schedules detailed for 50,000 and 75,000 options, vesting over three years from August 31, 2028, to August 31, 2030.
Employee Stock Option Grant Approved
On August 14, 2026, Arvind Limited announced that its Nomination and Remuneration Committee (NRC) has approved the grant of 1,25,000 stock options. These options are being issued under the company’s ‘AL – Employee Stock Option Scheme – 2021’ to its eligible employees.
Grant Details and Exercise Price
The total number of shares covered by these options amounts to 1,25,000 equity shares, each with a face value of ₹10. The exercise price for these options has been fixed at ₹555.65 per share. This initiative is designed to incentivize and retain key personnel by aligning their interests with the company’s performance.
Vesting Schedules
The vesting of these stock options is structured over multiple years. For 50,000 options, the vesting will occur in tranches of 16,666, 16,667, and 16,667 options on August 31, 2028, August 31, 2029, and August 31, 2030, respectively. Similarly, a tranche of 75,000 options will vest in three equal parts of 25,000 options each on the same dates: August 31, 2028, August 31, 2029, and August 31, 2030.
Exercise Period and Terms
Employees will have a period of within three years from the date of vesting of each stock option to exercise their rights. The scheme’s detailed terms and conditions are governed by the AL – Employee Stock Option Scheme – 2021.
Source: BSE
