Pearl Global Industries Limited has announced the approval of a grant of 2,500 employee stock options under its Employee Stock Option Plan 2022. The grant, effective August 21, 2026, allows eligible employees to purchase equity shares at an exercise price of ₹300 per option. The options will vest between one and two years from the grant date and can be exercised over a four-year period.
Employee Stock Option Grant Approved
Pearl Global Industries Limited has officially announced the approval of a grant of 2,500 employee stock options. This decision was made by the Nomination and Remuneration Committee, also known as the “Compensation Committee,” and is in accordance with the Pearl Global Industries Limited Employee Stock Option Plan 2022 (referred to as “ESOP 2022”). The effective grant date for these options is August 21, 2026.
Grant Details and Terms
Each granted option is convertible into one equity share of the company with a face value of ₹5. The exercise price for these options has been determined at ₹300 per option, based on the market price at the time of the grant, and will not be less than the par value of the company’s equity shares.
Vesting and Exercise Schedule
The stock options are scheduled to vest not before one year and not later than two years from the grant date. Once vested, the options will be exercisable over a period of four years. The exercise price is also stipulated to be no less than the face value of the equity share and no more than its Fair Market Value (FMV) at the time of the grant, as determined by the committee.
Source: BSE
