Aditya Birla Sun Life AMC Limited — Others, 18-12-2024: ESOP/ESOS/ESPS
18-12-2024 | 04:30 pm
18-12-2024 | 04:30 pm
The Nomination, Remuneration and Compensation Committee of Aditya Birla Sun Life AMC Limited has approved the grant of 13,158 employee stock options and 2,068 restricted stock units under the ESOP Scheme 2021. Each option is convertible into an equity share of face value ₹5, with an exercise price of ₹830.75. Vesting occurs over various tranches from 2025 to 2028. This move is aimed at enhancing employee engagement and retention. Investors might view this positively, as it aligns employee interests with the company's performance, potentially driving long-term growth and value.
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