Global Health Limited announced on November 2, 2026, that its Nomination and Remuneration Committee has approved the grant of 3,14,000 Employee Stock Options (ESOPs). These options are part of the GHL Employees Stock Option Scheme, 2024, under the GHL LTIP 2024 Plan. The exercise price for these options is set at Rs. 635 per share. Additionally, the committee noted the resignation of Mr. Saurabh Upadhyay, Senior Vice President & Head-HR, effective December 23, 2026.
Global Health Approves Significant ESOP Grant
Global Health Limited has officially announced the approval of a substantial employee stock option plan. In a regulatory filing dated November 2, 2026, the company revealed that its Nomination and Remuneration Committee has sanctioned the grant of 3,14,000 Employee Stock Options (ESOPs) to eligible employees. This initiative is a key component of the newly established GHL Employees Stock Option Scheme, 2024, operating under the broader GHL LTIP 2024 Plan.
Key Details of the ESOP Scheme
The GHL ESOS 2024 is designed to reward employees for their dedication and contribution, aiming to attract, retain, and motivate key talent. Each ESOP granted under this scheme provides the holder with the right to acquire one equity share of the company, with a face value of Rs. 2. The exercise price for these options has been fixed at Rs. 635 per share. The company emphasizes that this scheme is in compliance with SEBI (Share Based Employee Benefits and Equity) Regulations, 2021.
The vested options can be exercised within a maximum period of 3 years from the date of their vesting. The current grant covers 45 employees. The options granted under the current tranche are subject to a vesting schedule and conditions, with a maximum vesting period of 5 years from the grant date.
Senior Management Resignation Noted
In addition to the ESOP approval, the Nomination and Remuneration Committee also took note of the resignation of Mr. Saurabh Upadhyay from his position as Senior Vice President & Head-HR. Mr. Upadhyay, who was also designated as a Senior Management Personnel, will serve his last working day on December 23, 2026. The reason cited for his resignation is to pursue opportunities outside Medanta.
Source: BSE
