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Samvardhana Motherson International Limited has announced a board meeting to approve an Employee Stock Option Scheme 2025, subject to shareholder approval. The scheme proposes up to 6.3 crore options pre-bonus issue, equivalent to 9.45 crore post-bonus. The exercise price may have up to a 15% discount on market price at grant. Options will vest between one to five years and must be exercised within three years post-vesting. The scheme covers employees of the company and its group entities globally, with a per-employee cap of 5 lakh options pre-bonus (7.5 lakh post-bonus). This move aligns with retention and incentivization strategies for key talent.
All announcements from Samvardhana Motherson International Limited