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Stanley Lifestyles LimitedImportant, 12-02-2025: General Updates

12-02-2025 | 03:22 pm

The Nomination and Remuneration Committee of Stanley Lifestyles Limited has approved the grant of 3,374 stock options to eligible employees under the Employee Stock Option Plan 2022. Each option grants the right to one fully paid-up equity share with a face value of ₹2. The exercise prices are ₹121 and ₹156, determined according to the company's internal criteria. The options can be exercised based on a vesting schedule and performance criteria. This move aligns with the company's strategy to incentivize employees, potentially boosting motivation and retention. Investors should view this initiative as a positive step towards enhancing employee commitment and company performance, indicating growth potential ahead.

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