Embassy Developments Limited has announced a fresh grant of 2,72,935 Stock Options (SOs) and 1,65,887 Performance Stock Units (PSUs) to its eligible employees. These grants, approved by the Nomination and Remuneration Committee on May 20, 2026, are issued under the Embassy ESOS 2025 scheme. This move aligns with the company’s objective to reward and retain talent, with clear vesting and exercise criteria tied to performance milestones and tenure.
Details of the Equity Grant
On May 20, 2026, the company’s Nomination and Remuneration Committee approved the distribution of equity-based incentives. The grant includes 2,72,935 Stock Options, which are convertible into equity shares of the company at a face value of INR 2 each. Additionally, 1,65,887 Performance Stock Units were issued, which will be converted into equity based on the achievement of specific performance parameters.
Pricing and Vesting Structure
The pricing for the granted stock options is set at INR 111.51 per SO, while the PSUs are linked to the face value of the company’s equity shares at INR 2 per unit. The stock options follow a structured vesting period of 4 years, with an equal distribution of 25% vesting annually from the grant date. The PSUs are subject to the attainment of pre-defined performance milestones, ensuring alignment with the organization’s long-term strategic goals.
Exercise Timeline
Employees granted these incentives are provided with a defined window for exercise. The vested options and units can be exercised within 5 years from the date of vesting or 7 years from the date of grant, whichever is earlier, providing flexibility while maintaining the focus on long-term performance.
Source: BSE
