Shoppers Stop Limited — Others, 17-07-2025: ESOP/ESOS/ESPS

Shoppers Stop's Committee has approved granting 72,371 new employee stock options (ESOPs) and restricted stock units (RSUs) under its 2022 plan. This includes 57,814 ESOPs priced at Rs. 528 each, and 14,557 RSUs at Rs. 5 per unit. These options will vest over 1 to 4 years, contingent on continued employment and performance goals. This initiative aims to motivate and retain talent, aligning employee interests with the company's long-term growth, though it implies future equity dilution as these are exercised.