Grant of ~3.17 lakh stock options under EIEL Employee Stock Option Plan, 2025
NRC approved grant of ~3.17 lakh stock options under EIEL ESOP Plan 2025 to eligible employees of the company and its subsidiary.
By ScoutQuest · · 2 min read
- Options Granted
- ~3.17 lakh stock options under EIEL ESOP Plan 2025
- Exercise Price
- ₹170 / ₹160 / ₹150 per share, based on employee tenure
- Vesting Schedule
- Vesting over 5 years from 16.10.2027; exercise window 3 years from vesting
The Nomination and Remuneration Committee of the Board approved the grant of ~3.17 lakh stock options on 17th October, 2026 to selected eligible employees of the company and its subsidiary under the EIEL Employee Stock Option Plan, 2025.
What was granted
- ~3.17 lakh options, each convertible into one equity share of face value Rs. 10/- each.
- Shares will be issued only after vesting and exercise, and on payment of the exercise price and applicable taxes.
- The plan is stated to be in terms of the SEBI (Share Based Employee Benefits) Regulations, 2021.
Exercise price depends on tenure
The NRC fixed the exercise price based on how long the employee has been with the company.
- 2 years to 5 years: ₹170 per share
- More than 5 years up to 10 years: ₹160 per share
- More than 10 years: ₹150 per share
Vesting schedule
Options do not become exercisable all at once. They vest progressively over five years, subject to service conditions and achievement of company and individual KPI targets.
- Year 1: 10% on 16.10.2027
- Year 2: 15% on 16.10.2028
- Year 3: 20% on 16.10.2029
- Year 4: 25% on 16.10.2030
- Year 5: 30% on 16.10.2031
Exercise window
A holder can exercise vested options within 3 (three) years from the vesting date, as per the terms of the plan.
What it means for a retail investor
- These are options, not shares. The equity share capital changes only when employees exercise vested options, so any increase would come gradually over the coming years rather than at one go.
- The tenure-linked pricing and five-year vesting schedule tie the benefit to continued employment and to company and individual KPI performance.
- The update marks options exercised and subsequent changes or cancellation or exercise of such options as "Not Applicable", which is consistent with a fresh grant.
The plan is administered by the Nomination and Remuneration Committee, and the grant is based on the eligibility criteria set out in the plan.
Also from Enviro Infra Engineers
Subsidiary Suyog Urja Receives ₹228 Crore LOI from ARIE Energy for 100 MW Wind EPC Project
15 Oct 2026
Enviro Infra stock in focus after winning a new order
15 Oct 2026
Analyst Rupesh Salanki recommended Enviro Infra, expecting stabilization and an 8-10% rally from current levels
15 Oct 2026
More numbers
- Stock options granted3,17,489
- Face value per equity shareRs. 10/-
- Exercise price, tenure 2 to 5 years₹170 per share
- Exercise price, more than 5 up to 10 years₹160 per share
- Exercise price, more than 10 years₹150 per share
- Vesting period5 years
- Exercise window from vesting date3 (three) years
- Year 5 vesting30%
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.