Campus Activewear Limited has announced a new employee stock option grant following a recent meeting of its Nomination and Remuneration Committee. The company will issue 700,000 options to an employee under the ESOP 2021 – Vision Pool Scheme. The options are priced at Rs. 220 per share, with a vesting schedule split over a two-year period. The grant is officially scheduled to take effect on May 2, 2026.
ESOP Grant Details
In a recent development, the Nomination and Remuneration Committee of Campus Activewear has approved the allocation of 700,000 equity options. This grant is part of the ESOP 2021 – Vision Pool Scheme, designed to align long-term incentives with organizational goals. The options have been awarded at a strike price of Rs. 220 per share.
Vesting and Implementation
The grant structure includes a 50% split, with the vesting schedule spread over a tenure of 2 years. The formal grant date for these options is set for May 2, 2026. This move reflects the company’s ongoing commitment to its internal incentive programs as it continues to drive value for its stakeholders.
Source: BSE
