Uno Minda Limited announced that its Nomination and Remuneration Committee has approved the grant of 55,340 employee stock options. These options are offered to eligible employees of the company and its subsidiaries/associates at a price of Rs. 1,080 per option. The grant is part of the Uno Minda Employee Stock Option Scheme 2025, with vesting subject to fulfillment of specified conditions.
Employee Stock Option Grant Approved
On November 5, 2026, the Nomination and Remuneration Committee of Uno Minda Limited convened and approved the issuance of a significant number of employee stock options. The committee sanctioned the grant of 55,340 options to eligible employees across the company and its associated entities.
Scheme Details and Pricing
These options are being granted under the established Uno Minda Employee Stock Option Scheme 2025. Each option provides the holder with the right to subscribe to one fully paid equity share of the company. The exercise price for these options is set at Rs. 1,080 per option. This pricing reflects an approximate 10% discount to the closing market price of the company’s shares on the day prior to the grant date, as per the NSE closing price.
Vesting and Exercise Period
The granted options are subject to the fulfillment of predefined vesting conditions. Once these conditions are met, the options will become exercisable. The exercise window is set for one year from the respective vesting dates. The vesting schedule is outlined in two tranches: Tranche I(a) will be exercisable within one year from May 31, 2028, and Tranche I(b) will be exercisable within one year from May 31, 2029.
Committee Meeting Information
The Nomination and Remuneration Committee Meeting commenced at 09:38 AM IST and concluded at 09:50 AM IST on November 5, 2026.
Source: BSE
