Grasim Industries grants 28,001 stock options and units under 2022 scheme

Kinjal — Tue, 05 May 2026 03:18:51 +0000

Grasim Industries has announced the grant of 28,001 stock options and performance stock units to its eligible employees under the Grasim Industries Limited Employee Stock Option and Performance Stock Unit Scheme 2022. The decision was made by the Nomination and Remuneration Committee of the Board of Directors through a circular resolution passed on 4th May 2026.

The allocation includes 18,722 stock options and 9,279 performance stock units (PSUs). The scheme is implemented via the Grasim Employees’ Welfare Trust and adheres to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations.

The vesting period for the stock options is structured so that 33% of the options vest each year over a three-year period, with the first vesting occurring one year from the date of the grant. For the PSUs, 100% vesting is scheduled at the end of three years from the grant date. Both stock options and PSUs must be exercised within five years from the date of vesting.

The exercise price for the stock options is set at ₹2,794.50 per option, determined based on the market price as of 30th April 2026, in compliance with the applicable SEBI regulations. The PSUs have an exercise price of ₹2 per unit.

The vesting of all stock options and PSUs is contingent upon meeting the performance conditions outlined in the scheme and related documents.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Neelabja Chakrabarty | Business Upturn

Grasim Industries grants 28,001 stock options and units under 2022 scheme