Welspun Enterprises has announced the approval of 6,00,000 stock options to eligible employees under its Employee Benefit Scheme – 2022. This decision was made by the Board of Directors following a recommendation from the Nomination & Remuneration Committee during its meeting on March 21, 2026.
The stock options, granted in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, cover 6,00,000 equity shares, each valued at ₹10. The exercise price for these options is set at ₹462 per option.
The vesting schedule is structured so that 25% of the options granted will vest each year over a four-year period, beginning on the first anniversary of the grant date. Employees will have a one-year exercise period from the date of the last vesting to exercise their options.
This information has been made available on the company’s official website, as per the regulatory requirements.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).