Grant of ~1.35 lakh Employee Stock Options under ESOP - 2025
Board committee approved grant of ~1.35 lakh Employee Stock Options under ESOP-2025.
By ScoutQuest · · 2 min read
- Options Granted
- ~1.35 lakh Employee Stock Options under ESOP-2025
- Exercise Price
- Rs. 2/- per option; face value Re. 1/- each
- Vesting / Exercise Window
- Minimum vesting: 1 year; exercise window: 3 years from vesting
What was announced
The Nomination and Remuneration Committee of the Board, by circular resolution dated 19th October 2026, approved the grant of ~1.35 lakh Employee Stock Options under the Lloyds Enterprises Limited Employee Stock Option Plan - 2025. Each option is convertible into one equity share of the company of face value Re. 1/- each.
Key terms of the grant
- Number of options granted: 1,35,440
- Shares covered: ~1.35 lakh equity shares of face value Re. 1/- each (one option per share)
- Exercise price: Rs. 2/- per stock option
- Minimum vesting period: one (1) year from the date of grant; the balance vests as per the vesting schedule set out in the respective grant letters
- Exercise window: 3 (three) years from the date of each vesting
- The scheme is stated to be in terms of the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
What this means
An ESOP grant is a way of paying or rewarding employees with a right to buy company shares later at a fixed price, here Rs. 2/- per share. It is a grant of options, not an issue of shares today: no shares have been allotted and the options have not vested or been exercised at this stage.
Why the share count matters
If all these options are exercised, ~1.35 lakh new equity shares would be issued. That adds to the total number of shares in existence, which is what people mean by dilution - the same company profit would then be spread over a slightly larger number of shares. How large that effect is for an existing shareholder depends on the company's total issued share capital.
The exercise price is fixed at Rs. 2/- per option, so the money the company would receive if every option is exercised is 1,35,440 multiplied by Rs. 2/-. That cash comes in only at the time of exercise, which can happen only after vesting, and within 3 years of each vesting.
Points to keep in mind
- This is a grant to employees under an approved scheme, decided by the Nomination and Remuneration Committee.
- Vesting is time-based at a minimum of one year, so any share issuance is a future event, not immediate.
- Options that are not exercised within the stated window lapse, so the final number of shares issued may differ from the number granted.
Also from Lloyds Enterprises
Assignment and Transfer Deed signed: Rs. 40 crore of Rs. 219 crore loan facility moves to Aditya Birla Capital
30 Sep 2026
SEBI Settlement Order Disposes of Enforcement Proceedings from July 2025 Show Cause Notice
30 Sep 2026
More numbers
- Employee Stock Options granted1,35,440
- Equity shares covered by the options1,35,440
- Exercise price per stock optionRs. 2/-
- Face value per equity shareRe. 1/-
- Exercise period for vested options3 (three) years
- Minimum vesting period from date of grantone (1) year
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