INOXCVA has formally announced the grant of 2,267 stock options to an eligible employee under its Employee Stock Option Plan 2022. The grant was approved by the Nomination & Remuneration Committee during its meeting held on February 12, 2026. Each option is exercisable at a price of Rs. 2/- per share. These options are subject to vesting conditions, primarily the continuation of employment, and are governed by the SEBI (Share Based Employee Benefits) Regulations, 2021.
Intimation of Employee Stock Option Grant
This announcement serves to formally disclose the issuance of new stock options as per regulatory requirements. On February 12, 2026, the Nomination & Remuneration Committee of INOX INDIA LIMITED approved the grant of 2,267 stock options under the Employee Stock Option Plan 2022 (the “said Scheme”).
Key Terms of the Option Grant
The details concerning the grant are summarized as follows:
- The total number of shares covered by this issuance is 2,267 Equity Shares.
- The Exercise price is fixed at Rs. 2/- per option.
- The options are exercisable within a period of 4 (Four) years from the date of final vesting.
- The vesting condition mandates the continuation of employment until the options vest. Only vested Options can be exercised during the exercise period, otherwise they shall lapse.
Compliance Status
The said Scheme operates in compliance with the SEBI (Share Based Employee Benefits) Regulations, 2021. At the date of this disclosure, the options have not yet been exercised, meaning there is no impact on the diluted earnings per share (EPS) at this time.
Source: BSE
