ACME Solar Holdings Limited announced the grant of 1,609,712 employee stock options (ESOPs) under the ACME Employee Stock Option Plan 2024 to eligible employees. This decision was made by the Nomination and Remuneration Committee (NRC) of the Board of Directors on November 21, 2025. The grant aims to incentivize and retain key talent within the company.
ESOP Grant Approved
ACME Solar Holdings Limited has approved the grant of employee stock options to its eligible employees. The Nomination and Remuneration Committee (NRC) approved the grant of 1,609,712 employee stock options (“ESOPs”) under the ACME Employee Stock Option Plan 2024. The decision was made via resolution passed by circulation on November 21, 2025.
Key Details of the ESOPs
Each ESOP, when exercised, will be converted into one equity share of the company with a face value of ₹2. The exercise price is ₹2 per ESOP. While in employment, the exercise period is subject to a maximum of 5 years from the date of vesting. The ESOPs shall vest no earlier than a minimum period of 1 year and no later than a maximum period of 4 years from the grant date, vesting over four years in the ratio of 25% each year.
Source: BSE