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Aditya Birla Lifestyle Brands LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 01:50 pm

Aditya Birla Lifestyle Brands (ABLBL) has announced a board meeting on August 13, 2025. During the meeting, the Board approved the introduction of the Aditya Birla Lifestyle Brands Limited Employee Stock Option Scheme 2025 (ESOP Scheme 2025), following a proposal from the Nomination and Remuneration Committee. This new scheme will allow for the grant of stock options exercisable into up to 43.70 lakh equity shares, which is 0.36% of the company's total equity share capital. This strategic move aims to incentivize and retain key employees. The ESOP scheme is subject to shareholder approval at the upcoming Annual General Meeting.

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