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Uniparts India's Nomination and Remuneration Committee has granted 89,853 stock options to eligible employees under the company’s Employee Stock Option Scheme 2023. Each option, convertible into one equity share, has an exercise price of Rs. 297.75. The vesting period for these options will be between one to three years, with an exercise period extending up to three years from the date of vesting. This initiative aims to incentivize employees and further align their long-term interests with the company's performance and shareholder value.