Vaibhav Global’s board has approved a ₹1.50 per share interim dividend for the financial year 2025-26. The record date for determining shareholder entitlement is February 3, 2026. Additionally, the board approved the grant of 63,789 stock options and 5,862 restricted stock units to eligible employees, further incentivizing performance and aligning employee interests with shareholder value.
Interim Dividend Declared
The Board of Directors has declared a 3rd interim dividend of ₹1.50 per equity share (on the face value of ₹2 per equity share) for the financial year 2025-26. The record date for determining shareholder eligibility is set for February 3, 2026, with dividend payments expected within 30 days of the declaration date.
Stock Option Grants Approved
The Board also approved the grant of 63,789 Stock Options (ESOPs) under the VGL ESOP Plan – 2021. These options are convertible into 63,789 Equity Shares with a face value of ₹2 each. The exercise price for these options is ₹176. The vesting schedule is 100% on January 1, 2028, and the options can be exercised between January 1, 2028, and December 31, 2028.
Restricted Stock Units Allocated
In addition to the stock options, 5,862 Restricted Stock Units (RSUs) were granted under the VGL RSU Plan – 2019. These RSUs are convertible into 5,862 Equity Shares with a face value of ₹2 each. The vesting schedule is as follows: 20% on completion of the 1st year, 30% on completion of the 2nd year, and 50% on completion of the 3rd year. Units must be exercised within three months of vesting date.
Source: BSE
