Grasim Industries has granted a total of 2,668 stock options to its eligible employees under the Grasim Industries Limited Employee Stock Option and Performance Stock Unit Scheme 2022. This includes 2,407 options and 261 performance stock units (PSUs). The grant was approved by the Nomination and Remuneration Committee on November 5, 2025 and is managed through the Grasim Employees’ Welfare Trust.
Stock Option and PSU Grant Details
Grasim Industries’ Nomination and Remuneration Committee has approved the grant of 2,668 stock options and performance stock units (PSUs) to eligible employees. The grant comprises 2,407 stock options and 261 PSUs.
Vesting and Exercise
The vesting schedule for the stock options is 33% each year over three years, with the first vesting occurring one year from the grant date. The PSUs vest 100% at the end of three years from the grant date. The exercise period for these options extends up to five years from the grant date.
Exercise Price
The exercise price for the options is set at Rs. 2,882 per option, based on the market price as of November 4, 2025. The exercise price for PSUs is Rs. 2 per PSU.
Performance Condition
The vesting of both the options and PSUs is subject to specific performance conditions being met.
Source: BSE
