Honasa Consumer Limited — Others, 02-04-2025: ESOP/ESOS/ESPS

Honasa Consumer Limited's Nomination and Remuneration Committee has approved a grant of 24,61,350 stock options to eligible employees under the Employee Stock Option Plan – 2018. The options will vest over five years, contingent upon both tenure and company performance. Each option allows for conversion into one equity share at an exercise price of ₹10.

This strategic move aims to enhance employee retention and align their interests with those of shareholders. Investors may view this positively, as it signals the company’s commitment to rewarding employee contributions while potentially improving operational performance.