Allied Blenders and Distillers Limited has announced the approval of a grant of 2,25,000 stock options to its eligible employees. This move, sanctioned by the Nomination and Remuneration Committee on May 12, 2026, aligns with the company’s long-term incentive strategy. Each option represents an equity share with a face value of Rs. 2/-, issued at a price of Rs. 588.45 per share, based on the prevailing market valuation.
Grant Details and Pricing
The company’s Board has finalized the grant of 2,25,000 stock options under the Employee Stock Option Scheme-2024. The grant price is set at Rs. 588.45, which is determined by the market price of the company’s equity shares immediately prior to the grant date. Each option is convertible into one equity share with a face value of Rs. 2/-.
Vesting Schedule and Exercise Period
The vesting of these options is structured over a four-year period to ensure sustained employee engagement and performance alignment. The options will vest in four equal tranches of 25% each at the end of 12, 24, 36, and 48 months from the date of the grant. Each tranche is subject to specific performance-based criteria established by the company.
Once the options have vested, employees are granted an exercise window of four years to convert these options into equity shares, providing them with long-term flexibility in managing their holdings in the company.
Source: BSE
