Allied Blenders and Distillers Limited Amends Employee Stock Option Scheme 2024

Strategic Insights -

The National Stock Exchange of India has announced a corporate notice from Allied Blenders and Distillers Limited regarding the amendment to its Employee Stock Option Scheme 2024. The Nomination and Remuneration Committee of the company approved the changes to provide clarity on the quantum of options that may be granted per employee per year, without altering the limits approved by the shareholders. This move aims to clarify and simplify the scheme for employees.

Key Takeaways:

  • The amendment to Sub-clause 3.2 of the ESOS 2024 was approved by the Nomination and Remuneration Committee on August 22, 2025.
  • The approved limit for stock options granted per employee and in aggregate is 45,00,000 (Forty-five Lakhs Only) Options.
  • The changes aim to provide additional clarity regarding the quantum of options that may be granted per employee per year.
  • The amendment does not alter the limits approved by the Shareholders in the Explanatory Statement annexed to the Postal Ballot Notice dated January 29, 2025.
  • The shareholding company has not made any changes to the appraisal/assessment process for determining the maximum number of stock options to be granted per employee.
  • The amendment is aimed at simplifying the Employee Stock Option Scheme 2024 for employees.

Statistics:

  • The maximum number of stock options that may be granted per employee and in aggregate is 45,00,000 (Forty-five Lakhs Only).
  • The approved limit was specified in the Salient Features of the Explanatory Statement annexed to the Postal Ballot Notice dated January 29, 2025.
  • The Nomination and Remuneration Committee approved the amendment on August 22, 2025.

Sources:

  • National Stock Exchange of India
  • Allied Blenders and Distillers Limited
  • Securities and Exchange Board of India (SEBI)