Vaibhav Global Limited has announced the approval of new equity-based incentives for its eligible employees and those of its subsidiaries. The Nomination, Remuneration and Compensation Committee authorized the grant of 3,48,748 Restricted Stock Units (RSUs) and 9,07,502 Stock Options (ESOPs). These grants, each convertible into equity shares with a face value of Rs. 2/-, are structured with a three-year vesting schedule to support long-term employee retention and alignment with shareholder interests.
Details of Equity Grant
On May 20, 2026, the company’s committee formally approved a dual-grant initiative to incentivize staff. The program includes the issuance of 3,48,748 RSUs under the 2019 plan and 9,07,502 ESOPs under the 2021 plan. Both instruments carry an exercise price of Rs. 2/- per share, consistent with the face value of the company’s equity shares.
Vesting and Exercise Terms
To ensure sustained performance, the grants follow a structured vesting schedule over a three-year period. Eligible employees will receive 20% of their options upon completion of the 1st year, 30% after the 2nd year, and the final 50% upon the completion of the 3rd year. Once vested, recipients have a window of 3 months from the date of vesting to exercise their options.
Source: BSE
