Vedanta Limited announced the approval of performance-based stock options for its eligible employees, including Key Managerial Personnel and Senior Management, under the Vedanta Limited Employee Stock Option Scheme 2026. A total of 99,32,834 stock options were granted. These options are subject to vesting upon the achievement of performance conditions and are convertible into equity shares at par value, demonstrating a commitment to employee performance and alignment with company objectives.
Employee Stock Option Scheme Approved
Vedanta Limited’s Nomination and Remuneration Committee (NRC) has officially approved a significant grant of performance-based stock options to eligible employees. This initiative, falling under the Vedanta Limited Employee Stock Option Scheme 2026 (VEDL ESOS 2026), aims to incentivize and retain key talent, including senior management and managerial personnel.
Grant Details and Vesting
The total number of stock options granted stands at 99,32,834. These options are structured to vest upon the successful completion of a defined performance period, contingent on the achievement of specific performance conditions. The scheme is in line with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Each granted option represents one equity share with a face value of ₹1.
Pricing and Exercise Terms
The exercise price for these options is set at ₹1 (Par Value). The vesting schedule dictates that options will vest 36 months from the grant date. Following vesting, employees will have a window of 8 months from the date of vesting to exercise their vested options. This structured approach ensures that employee rewards are directly linked to sustained company performance and growth.
Meeting Concluded
The Nomination and Remuneration Committee meeting, where these approvals were made, commenced at 12:30 p.m. IST and concluded at 01:00 p.m. IST on October 28, 2026.
Source: BSE
