823 ESOPs granted under ESOP 2025 at INR 1 per option exercise price
Ather Energy's Nomination and Remuneration Committee has approved the grant of 823 Employee Stock Options under Ather Energy ESOP 2025 to eligible employees on October 05, 2026.
- ESOPs Granted
- 823 Employee Stock Options under Ather Energy ESOP 2025
- Exercise Price
- INR 1/- per option
- Face Value
- INR 1/-
- Exercise Window
- five years from vesting
- Grant Date
- October 05, 2026
What was announced
The Nomination and Remuneration Committee of the Board has approved the grant of 823 Employee Stock Options (ESOPs) under Ather Energy ESOP 2025 to eligible employees on October 05, 2026.
The ESOP Plan is administered by the Nomination and Remuneration Committee, and the grant is based on and governed by the ESOP Plan approved by the shareholders.
Key terms of the grant
- Total shares covered by these options: 823 equity shares of the company, having a face value of INR 1/- each.
- Exercise price: INR 1/- (Rupee One) per ESOP.
- Exercise period: five years from the date of vesting, within which vested options may be exercised.
- Each vested option confers the right to apply for one equity share of the company.
How ESOPs work, simply
An ESOP is an option given to an employee to buy shares of the company at a set price, usually after a waiting period called vesting. Here, that set price is INR 1/- per option, which is also the face value of each share.
Until an employee chooses to exercise the option, no shares are issued and no money comes to the company from this grant. If and when the options are exercised, 823 equity shares would arise and the company would receive the exercise price of INR 1/- for each option exercised.
What a retail investor may note
A grant like this is a people-related step: it links employee reward to the company's shares. Because the number here is 823 options covering 823 equity shares, it is a small count in share terms. Any fresh shares would come only on exercise, within the five-year window that runs from vesting.
Points to track: the vesting schedule and any further grants under the plan, and the dilution figure that would follow if these options are exercised.
More numbers
- Employee Stock Options granted823 Employee Stock Options (ESOPs)
- Equity shares covered by these options823 equity shares
- Face value per equity shareINR 1/-
- Exercise price per ESOPINR 1/-
- Exercise period from date of vestingfive years
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