Eicher Motors grants restricted stock units to employees

Eicher Motors Limited confirmed its nomination and remuneration committee approved the grant of 2,126 Restricted Stock Units (RSUs) under the Restricted Stock Units Plan, 2019. This grant is extended to eligible employees of the company and its subsidiaries.

The vesting schedule for these RSUs specifies that 1,300 stock units will become exercisable after a period of three years. The remaining 826 stock units will become exercisable after 2.5 years, in accordance with the terms of the grant. Each stock unit, upon exercise, will convert into one equity share of face value Re. 1.

This decision was made at a committee meeting held on November 12, 2025, and was communicated to both the BSE Limited and the National Stock Exchange of India Ltd. Atul Sharma, company secretary, signed off on the announcement.