94,60,232 employee stock options granted under Biocon Unity Long Term Incentive Plan 2026

Biocon has granted 94,60,232 stock options to eligible employees under its Unity Long Term Incentive Plan 2026 and notified plans.

Thu 1 Oct 2026

Stock Options Granted

94,60,232 stock options

Exercise Price

Rs. 5/- per option

Face Value per Share

Rs. 5/-

Vesting Status

No options have vested as on date

Exercise Period

within 12 months from the date of respective vesting

What was announced

Biocon has granted 94,60,232 stock options to eligible employees under the Biocon Unity Long Term Incentive Plan 2026, read with the Biocon Limited Performance Stock Unit Plan 2026, Biocon Limited Restricted Stock Unit Plan 2026 and Biocon Limited Management Stock Unit Plan 2026, also named the Biocon Unity “Growth Accelerator” Plan 2026. The effective date of grant is October 01, 2026. The grant follows approval of the Nomination and Remuneration Committee, the Board of Directors and the shareholders at the 46th Annual General Meeting.

The numbers to note

• Stock options granted: 94,60,232 to eligible employees.
• Shares covered by these options: 94,60,232 equity shares of face value Rs. 5/- each. Each stock option carries the right to apply for and be allotted 1 (one) equity share of face value Rs. 5/-.
• Exercise price: Rs. 5/- per stock option.
• Vesting: no options have vested as on date. They will vest in accordance with the vesting schedule set out in the Grant letter.
• Exercise period: 12 months from the date of respective vesting, or as otherwise mentioned in the Plans/Schemes.

How the plans are structured

The Plans/Schemes are administered by the Nomination and Remuneration Committee of the Board. They are implemented through the trust route, where Biocon India Limited Employees Welfare Trust acquires the equity shares by direct allotment from the Company or through secondary acquisition, to extend benefits to eligible employees of the Company, its subsidiary company or associate company.

No Exercise Price is payable at the time of grant of options. The Exercise Price is payable only at the time of Exercise. Options that have vested may be exercised in full or in tranches, at a time or at different points in time, within the prescribed Exercise Period. Equity shares arising on the exercise of the options will rank pari passu with all the other equity shares of the Company for the time being in issue.

Other details in the update

Options exercised, money realised by exercise of options, shares arising as a result of exercise of option, options lapsed and variation of terms of options are all stated as Not Applicable. Diluted earnings per share pursuant to issue of equity shares on exercise of options is also stated as Not Applicable.

How a reader may see it

An employee stock option grant is a way for a company to link employee rewards to its own shares, and the market generally reads such grants as an employee retention and motivation step. The update notes the size of the grant and the price at which the shares can be applied for, which is the same as the face value of the shares. It does not state any exercise of options or money realised so far. Readers who want to track the impact can note the number of options granted and the exercise window set out above.

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