Trent Limited has announced the approval of an additional grant of 20,000 stock options to eligible employees. This grant is made under the ‘Trent Limited – Employee Stock Option Plan 2026’ and was approved by the Nomination and Remuneration Committee. The exercise price for these options is set at ₹2,652/-, and they are exercisable into equity shares of face value ₹1/- each. The options will vest after a specified period, subject to performance conditions.
Employee Stock Option Grant Approved
Trent Limited has officially approved the grant of 20,000 (Twenty Thousand) stock options to its eligible employees. This decision was made by the Nomination and Remuneration Committee and is in accordance with the ‘Trent Limited – Employee Stock Option Plan 2026’. The approval aligns with the company’s long-term incentive strategies for its workforce.
Key Details of the Grant
The stock options granted are exercisable into equity shares of the company. The total number of shares covered by these options is 20,000. The determined exercise price for these options is ₹2,652/- per option. Each option, once vested, can be exercised to acquire one fully paid-up equity share of face value ₹1/-.
Vesting and Exercise Period
As per the terms of the plan, the options once vested will be exercisable within a maximum period of one year from the date of vesting. The grant is subject to specific performance conditions set by the Committee, and the vesting schedule will be determined at the discretion of the Nomination and Remuneration Committee.
Scheme Compliance
This stock option plan is structured in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has confirmed that shareholders approved the scheme via Postal Ballot on 27th May 2026.
Source: BSE
