Ador Welding grants stock options to employees
Ador Welding Limited's nomination and remuneration committee, also designated as the compensation committee, approved the grant of 29,500 stock options to eligible employees under the "Ador Employees Stock Option Plan 2025." This decision, dated September 17, 2025, adheres to SEBI regulations.
Each of the 29,500 options corresponds to an equity share with a face value of INR 10/-, and the exercise price has been set at INR 10/- per share. These options are part of a scheme that mandates a minimum vesting period of one year from the grant date, with all options vesting according to conditions specified in the grant letter. The exercise period for vested options is three years from the vesting date.
The "Ador Employees Stock Option Plan 2025" is designed to be implemented directly by the company through its board or the nomination and remuneration committee, and aligns with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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