Ather Energy has announced the grant of 24,231 Employee Stock Options (ESOPs) to eligible employees under its Ather Energy ESOP 2025 plan. The grant was approved by the Nomination and Remuneration Committee on November 28, 2025. Each option allows the holder to apply for one equity share of the company at an exercise price of ₹1 per option.
ESOP Grant Details
Ather Energy granted 24,231 Employee Stock Options (ESOPs) to its eligible employees under the Ather Energy ESOP 2025 plan. This decision was formalized during a meeting of the Nomination and Remuneration Committee held on November 28, 2025.
Key Terms of the ESOPs
The exercise price for each ESOP is set at ₹1. Following vesting, the options can be exercised within a period of five years by the option grantee. Each vested option allows the grantee the right to apply for one equity share of the company.
Administration of the Plan
The Ather Energy ESOP 2025 plan is managed and administered by the Nomination and Remuneration Committee of the Company. The terms of the grant are governed by the ESOP Plan that has been previously approved by the shareholders.
Source: BSE
