Lloyds Metals grants 1.41 lakh ESOPs at Rs 4
Lloyds Metals and Energy Limited granted 1,41,300 Employee Stock Options to eligible employees under its 2017 plan, approved by the NRC on June 5, 2026. The options, priced at Rs 4 each, vest after one year and are exercisable for three years thereafter.
*this image is generated using AI for illustrative purposes only.
Lloyds Metals and Energy Limited granted 1,41,300 Employee Stock Options to eligible employees under its Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017, following approval from the Nomination and Remuneration Committee (NRC) on June 5, 2026. The options carry an exercise price of Rs 4 per option and are exercisable into fully paid-up equity shares with a face value of Re 1 each. This move aligns with the Securities and Exchange Board of India (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.
The NRC approved the grant via a circular resolution, determining the pricing formula in accordance with the LLOYDS ESOP-2017. The total number of shares covered by these options is capped at 1,41,300, ensuring no dilution beyond this specific quantum upon exercise. The filing was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.
Key Details of the Grant
The options are subject to a vesting period of a minimum of one year from the date of the grant. Once vested, the options can be exercised within a maximum period of three years from the date of vesting. The specific vesting schedule will be detailed in the individual grant letters issued to the employees. No options have been exercised, lapsed, or varied in terms as of the current date.
| Particulars | Details |
|---|---|
| Options Granted | 1,41,300 |
| Exercise Price | Rs 4 per option |
| Face Value of Shares | Re 1 each |
| Minimum Vesting Period | 1 Year |
| Exercise Period | Within 3 years of vesting |
| SEBI Compliant | Yes |
The company confirmed that the scheme is designed to incentivize employees while adhering to regulatory frameworks. Further details regarding the grant are available on the company's official website. The disclosure was made to ensure transparency and keep the stock exchanges informed about the material development in the company's employee benefit structure.
Historical Stock Returns for Lloyds Metals & Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.17% | -4.31% | -1.05% | +48.74% | +18.57% | +215.75% |
How will the issuance of these stock options impact Lloyds Metals' earnings per share (EPS) once the options are exercised?
What is the company's strategy for retaining employees beyond the one-year minimum vesting period to ensure long-term alignment?
Could this move signal a broader trend of increased employee stock option grants in the energy sector to attract talent?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
