Godrej Consumer Products grants 14.9 lakh stock options under ESOS 2024
Godrej Consumer Products Limited granted 14,92,392 stock options under ESOS 2024 at an exercise price of ₹1 per share. The options, approved by the NRC on June 26, 2026, vest in two tranches in 2030 and 2031 subject to performance conditions.

*this image is generated using AI for illustrative purposes only.
Godrej Consumer Products has granted 14,92,392 stock options to eligible employees under its Employees Stock Option Scheme 2024 (ESOS 2024). The Nomination and Remuneration Committee of the Board of Directors approved the grant on June 26, 2026, to incentivize long-term performance and align employee interests with the company’s strategic objectives. The options are available to select employees who are part of the global leadership team, with vesting contingent upon meeting specific performance conditions.
The exercise price for the stock options is fixed at ₹1 per share, which is the face value of the underlying equity shares. Each stock option is convertible into one equity share of Godrej Consumer Products Limited. The total number of shares covered by these options is 14,92,392. The scheme complies with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Vesting of the granted options is structured in two equal tranches. The first 50% of the eligible stock options will vest on June 30, 2030, while the remaining 50% will vest on June 30, 2031. The options can be exercised within six months from the respective vesting dates. Equity shares arising from the exercise of these options will rank pari-passu with existing equity shares from the date of allotment.
Key Details of ESOS 2024 Grant
| Particulars | Details |
|---|---|
| Total Options Granted | 14,92,392 |
| Exercise Price | ₹1 per share |
| Vesting Schedule | 50% on June 30, 2030; 50% on June 30, 2031 |
| Exercise Period | 6 months from vesting date |
| Conversion Ratio | 1 Option = 1 Equity Share |
The disclosure was made to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Tejal Jariwala, Company Secretary & Compliance Officer, signed the intimation on behalf of Godrej Consumer Products Limited.
Historical Stock Returns for Godrej Consumer Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.03% | +4.09% | +7.79% | -12.82% | -8.32% | +20.83% |
What specific performance metrics must be met to unlock the vesting tranches in 2030 and 2031?
How will the issuance of these new shares impact existing shareholders' earnings per share (EPS) by 2031?
Does this grant signal a strategic shift in talent retention as the company approaches its long-term goals?































