Embassy Developments Limited has announced the grant of 2,63,863 Stock Options and 1,60,373 Performance Stock Units to its eligible employees. Issued under the Embassy ESOS 2025 scheme, these grants aim to align employee interests with long-term company performance. The options carry specific vesting schedules and exercise windows, with a defined pricing mechanism for both stock options and performance-linked units, reflecting the company’s commitment to employee incentivization and retention.
Incentive Scheme Overview
On April 24, 2026, Embassy Developments Limited initiated a new grant of equity-based incentives for its workforce. This move, executed under the Embassy ESOS 2025 framework, underscores the company’s objective to foster employee ownership and drive sustained growth through performance-linked compensation.
Breakdown of Grants
The company has issued two distinct types of instruments to eligible personnel:
- Stock Options (SOs): A total of 2,63,863 units, each convertible into one equity share with a face value of INR 2. These are priced at INR 111.51 per option.
- Performance Stock Units (PSUs): A total of 1,60,373 units, with a face value of INR 2 per unit, convertible based on specific performance milestones.
Vesting and Exercise Terms
The instruments follow structured timelines to encourage long-term commitment:
- Standard SO Vesting: The stock options will vest uniformly over a period of 4 years, at a rate of 25% annually starting from the grant date.
- PSU Performance Milestones: The performance units are set to vest between year 3 and year 4, with the final number of equity shares determined by the degree of achievement against pre-defined targets.
- Exercise Window: All vested options and units must be exercised within 5 years from the respective vesting date, or within 7 years from the grant date, whichever occurs earlier.
Source: BSE
