News ArticleVedanta Limited Grants 99,32,834 Performance-Based Stock Options to Employees
Stock options vest over 36 months with an exercise price of ₹1 per equity share under Employee Stock Option Scheme 2026
Vedanta Limited's Nomination and Remuneration Committee approved the grant of 99,32,834 performance-based stock options to eligible employees under the Employee Stock Option Scheme 2026. These options, convertible into equity shares with an exercise price of ₹1 each, vest over 36 months from the grant date and can be exercised within 8 months of vesting.
Vedanta Limited
Preferential Issue
Vedanta Limited's Nomination and Remuneration Committee approved the grant of 99,32,834 performance-based stock options to eligible employees, including senior management, under the Employee Stock Option Scheme 2026.
The stock options granted are subject to achievement of performance conditions and include allotments assumed for new joiners.
Each stock option is convertible into one equity share of face value ₹1 with an exercise price fixed at ₹1.
The options will vest over a period of 36 months from the grant date and can be exercised within 8 months from the date of vesting.
The committee meeting commenced at 12:30 p.m. IST and concluded at 1:00 p.m. IST on October 28, 2026.
The grant is made in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Highlights
- 99,32,834 stock options granted under Vedanta Limited Employee Stock Option Scheme 2026.
- Options vest over 36 months and can be exercised within 8 months post vesting.
- Exercise price fixed at ₹1 per equity share of face value ₹1.
- Grant approved by Nomination and Remuneration Committee on October 28, 2026.
- Scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Key Data Snapshot
What happened
- Vedanta Limited granted 99,32,834 performance-based stock options to employees including key managerial personnel and senior management.
- The grant was approved by the Nomination and Remuneration Committee at its meeting on October 28, 2026.
Key details
- Each option is convertible into one equity share with a face value of ₹1 and an exercise price of ₹1.
- The options will vest over 36 months subject to performance conditions.
- Options must be exercised within 8 months from the date of vesting.
- The grant includes assumed allotments for new joiners under the scheme.
- The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Regulatory and governance context
- The grant is notified under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The meeting of the Nomination and Remuneration Committee started at 12:30 p.m. IST and ended at 1:00 p.m. IST on October 28, 2026.
Highlights
- 99,32,834 stock options granted under Vedanta Limited Employee Stock Option Scheme 2026.
- Options vest over 36 months and can be exercised within 8 months post vesting.
- Exercise price fixed at ₹1 per equity share of face value ₹1.
- Grant approved by Nomination and Remuneration Committee on October 28, 2026.
- Scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Disclosures
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
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