BLS International Services Limited has announced the approval of a new grant under its 2023 Employee Stock Option Scheme. The company will issue 1,50,000 stock options to eligible employees, reflecting a strategic initiative to incentivize staff. Each option is convertible into one equity share with a face value of Re. 1. The exercise price for these options is set at Rs. 254.70 per share.
Grant Details and Implementation
Following a recent meeting held on May 19, 2026, the Nomination and Remuneration Committee of BLS International finalized the grant of 1,50,000 equity-linked options. This allocation is part of the ongoing BLS International Employees Stock Option Scheme–2023, designed to align the long-term interests of the workforce with the growth objectives of the company.
Vesting and Exercise Terms
The granted options follow a structured vesting schedule, with the units vesting equally each year over a 3-year period. This vesting is subject to the employees meeting specific performance and eligibility criteria outlined in the scheme.
Once vested, the options are exercisable within one year from the date of the respective vesting. The exercise price for each option is fixed at Rs. 254.70. Upon successful exercise, the options will be converted into equity shares of the company, each carrying a face value of Re. 1, effectively increasing the total equity base by 1,50,000 shares upon full exercise.
Source: BSE
