Sunteck Realty Limited has announced that its Nomination and Remuneration Committee has approved the grant of stock options to eligible employees. The approval, dated 7th September 2026, covers grants under two schemes: ESOS 2017 and ESOS 2022. A total of 12,500 equity shares are covered by these options, with exercise prices of Rs. 225 and Re. 1 respectively.
Sunteck Realty Approves Employee Stock Options
Sunteck Realty Limited has officially announced the approval of employee stock options grants. This decision was made by the company’s Nomination and Remuneration Committee on 7th September 2026. The approval falls under the purview of Regulation 30 of the SEBI Listing Regulations.
Details of the ESOP Grant
The approved grant is part of two established Employee Stock Options Schemes: ESOS 2017 and ESOS 2022. Under the ESOS 2017 scheme, 10,000 options have been granted, effective from 7th September 2026, at an exercise price of Rs. 225 per option. For the ESOS 2022 scheme, 2,500 options have been granted, effective from 17th November 2026, with an exercise price of just Re. 1 per option. In total, these options cover 12,500 equity shares.
Vesting and Exercise Period
The options granted are subject to specific vesting and exercise conditions. Options will not be exercisable earlier than one year from the grant date and must be exercised within five years from the grant date. Post-vesting, employees will have a period of 6 months to exercise their options. An additional 6-month extension is available from the immediate next vesting date, after which the options will lapse. The scheme is compliant with SEBI (SBEB & SE) Regulations, 2021.
Source: BSE
