V-Guard Industries has announced the grant of 2,13,527 employee stock options under its ESOS 2013 scheme, approved by the Nomination and Remuneration Committee on January 27, 2026. These options, each representing one equity share, are granted to eligible employees and vest over a period of up to four years, subject to time and performance criteria, and are exercisable within six years of vesting at a price of ₹1 per option.
ESOS 2013 Grant Details
The Nomination and Remuneration Committee of V-Guard Industries has approved the grant of 2,13,527 stock options to eligible employees under the company’s Employee Stock Option Scheme (ESOS 2013) during its meeting held on January 27, 2026.
Key Terms of the Option Grant
- Total Options Granted: 2,13,527
- Vesting Period: Options will vest over a period of no more than four years, based on time and performance criteria. Time-based options will vest equally, while performance-based options will vest in the final year, contingent on achieving defined performance targets.
- Exercise Period: Options can be exercised within six years from the vesting date.
- Exercise Price: The exercise price is set at ₹1 per option.
- Lapsed or Cancelled Options: The Nomination and Remuneration Committee retains the discretion to reissue any lapsed or cancelled options, adhering to the scheme’s guidelines and applicable laws.
ESOS 2013 Administration
The ESOS 2013 scheme is administered by the Nomination and Remuneration Committee. Options granted under the scheme will vest in a period not less than one year, and no more than four years from the grant date.
Source: BSE
