Welspun Enterprises has granted up to 10,00,000 stock options to eligible employees under the Welspun Enterprises Employee Benefit Scheme – 2022. The Nomination & Remuneration Committee of the Board approved the grant on February 02, 2026. These options vest over four years, beginning on the first anniversary of the grant date, with an exercise price of ₹250 per option.
ESOP Grant Details
Welspun Enterprises announced the grant of stock options to its employees under the existing Employee Benefit Scheme – 2022. This decision was ratified during a meeting of the Nomination & Remuneration Committee of the Board held on February 02, 2026.
Key Highlights of the Grant
A total of up to 10,00,000 stock options have been approved for allocation to eligible employees. The exercise price for each option is set at ₹250. Vesting of these options will occur incrementally, with 25% of the options vesting each year over a period of four years, commencing from the first anniversary of the grant date.
Vesting and Exercise Schedule
The exercise period for these stock options will be one year from the date of the last vesting. The grant is in accordance with the company’s existing ESOP scheme and aims to incentivize and reward employees. The options are equity shares with a face value of ₹10 each.
Source: BSE
