Grasim Industries grants 2,668 stock options and PSUs to employees
Grasim Industries Limited, a flagship company of the Aditya Birla Group, announced on November 5, 2025, that its nomination and remuneration committee has granted a total of 2,668 stock options to eligible employees. This grant comprises 2,407 options and 261 performance stock units (PSUs) under the Grasim Industries Limited Employee Stock Option and Performance Stock Unit Scheme 2022. The scheme is administered through the Grasim Employees' Welfare Trust and aligns with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
The vesting period for options is 33% each over three years, with the first vesting occurring after one year from the grant date. PSUs have a 100% vesting at the end of three years from the grant date. All options and PSUs are subject to a performance condition. The exercise period for stock options is five years from the vesting date.
The exercise price for options is INR 2,882/- per option, determined by the "market price" on November 4, 2025. PSUs have an exercise price of INR 2/- per PSU.
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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