Fujiyama Power Systems has announced the approval of 4,00,000 Employee Stock Options under its Employee Stock Option Plan 2023. The decision was made by the Nomination and Remuneration Committee during a meeting held on 25 April 2026.
The stock options are part of the company’s efforts to incentivise eligible employees, with each option exercisable into one equity share of face value ₹1. According to the details provided, the exercise price will be determined by the Compensation Committee at its discretion, but it will not be less than the face value of the shares.
The scheme complies with the Securities and Exchange Board of India (Share Based Employee Benefits & Sweat Equity) Regulations, 2021. The options granted will vest over a period ranging from a minimum of one year to a maximum of four years from the date of grant.
Employees will have a maximum period of one year from the date of vesting to exercise their options, unless otherwise decided by the Compensation Committee. As of now, none of the options have been exercised, and no options have lapsed.
This initiative is part of Fujiyama Power Systems’ strategy to align employee interests with those of the shareholders and enhance long-term value creation.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).