Vishal Mega Mart Limited has announced the approval of a significant grant of 4,68,00,000 stock options to its eligible employees under the Vishal Mega Mart Employees Stock Options Plan 2019. The exercise price for these options is set at ₹102.60 per option. This move underscores the company’s strategy to incentivize its workforce and align their interests with the company’s growth and performance.
Vishal Mega Mart Approves Employee Stock Option Grant
Vishal Mega Mart Limited (formerly Vishal Mega Mart Private Limited) has officially approved the grant of a substantial number of stock options to its employees. In a communication dated August 21, 2026, the company informed stakeholders about the grant of 4,68,00,000 stock options. This initiative falls under the company’s existing ‘Vishal Mega Mart Employees Stock Options Plan 2019’.
Key Terms of the Grant
The Nomination and Remuneration Committee of the Board of Directors sanctioned this grant. Each stock option carries an exercise price of ₹102.60 per option. These options cover 4,68,00,000 equity shares, each with a face value of ₹10. The vested options can be exercised over a period of ten (10) years from the date of the grant, providing a long-term incentive for the employees.
Regulatory Compliance and Disclosure
This disclosure is made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed particulars in an annexure, outlining the terms and conditions of the stock options. The intimation will also be hosted on the company’s official website, www.aboutvishal.com.
Source: BSE
