Welspun Enterprises has granted up to 1,000,000 stock options to eligible employees under the Welspun Enterprises Employee Benefit Scheme 2022. The Nomination & Remuneration Committee approved this grant at a meeting held on February 2, 2026. These options are subject to a vesting schedule, with 25% vesting annually over four years, starting from the first anniversary of the grant date. The exercise price is Rs. 250 per option.
ESOP Grant Approved
Welspun Enterprises announced the grant of stock options to its employees under the Welspun Enterprises Employee Benefit Scheme 2022. This decision was made by the Nomination & Remuneration Committee on February 2, 2026.
Details of the Grant
The company has approved the grant of up to 1,000,000 (Ten Lakh) stock options to its eligible employees. Each option allows the holder to purchase one equity share of Welspun Enterprises.
Vesting and Exercise
The options will vest over a period of 4 years, with 25% of the options vesting each year, beginning on the first anniversary of the grant date. The exercise price for each option is set at Rs. 250. The period for exercising these options extends to one year from the date of the last vesting.
Source: BSE
