Walchandnagar Industries Ltd. Grants 1,12,500 Employee Stock Options

Strategic Insights -

Walchandnagar Industries Ltd., a leading Indian company, has taken a significant step in rewarding its employees by granting 1,12,500 stock options under the Employees Stock Option Plan 2020 (ESOP-2020). This move is aimed at motivating and retaining top talent within the organization. The company's Nomination & Remuneration Committee has approved the grant, with options convertible into 1,12,500 equity shares of face value Rs. 2 each.

Key Takeaways:

  • The company has granted 1,12,500 stock options to eligible employees under the WIL-ESOP-2020 plan.
  • The options are convertible into 1,12,500 equity shares of face value Rs. 2 each.
  • The grant is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
  • The options will vest in a phased manner, with 1,02,000 options vesting at the end of the 1st year, 2,500 options vesting at the end of each of the 2nd, 3rd, 4th, and 5th years, and 3,000 options vesting at the end of the 5th year.
  • The options can be exercised within 3 years from the respective vesting dates.
  • The exercise price is Rs. 2 per option.
  • Fresh equity shares will be issued by the company on exercise of vested options.

Statistics:

  • Total number of stock options granted: 1,12,500.
  • Total number of equity shares covered by these options: 1,12,500.
  • Exercise price per option: Rs. 2.
  • Vesting period: The options will vest in a phased manner over 5 years.
  • Time within which options can be exercised: 3 years from the date of respective vesting dates.

Sources:

  • Walchandnagar Industries Ltd., Corporate Announcement, dated August 14, 2025.