Uniparts India grants 4,623 ESOPs to eligible employees

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Uniparts India Ltd granted 4,623 ESOPs to eligible employees on August 27, 2026
  • Exercise price fixed at ₹604.65 per share under ESOS 2023 scheme
  • Vesting period ranges from one to four years from the date of grant
  • Diluted EPS impact calculated at ₹5.08 based on Q2FY27 results
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Uniparts India Limited board approved the grant of 4,623 employee stock options on August 27, 2026. The Nomination and Remuneration Committee authorised the issuance under the Employee Stock Option Scheme 2023.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The event occurred at 5:38 pm IST.

Key Terms of Grant

The options are convertible into equity shares of face value ₹10 each. Each option carries an exercise price of ₹604.65 per share as determined by the committee.

Parameter Detail
Options granted 4,623
Exercise price ₹604.65 per option
Vesting period 1 to 4 years from grant date
Exercise period Maximum 3 years from vesting
Diluted EPS impact ₹5.08 per share

The diluted earnings per share figure of ₹5.08 is calculated based on unaudited financial results for the quarter ended June 30, 2026.

Scheme Compliance

The scheme adheres to the SEBI (Share Based Employee Benefits) Regulations, 2021. No options have vested or been exercised to date. The company confirmed that no variation of terms has occurred since the initial grant.

Historical Stock Returns for Uniparts

1 Day5 Days1 Month6 Months1 Year5 Years
+0.26%-1.43%+17.23%+73.47%+106.04%0.0%

How might the vesting schedule of 1 to 4 years impact employee retention rates and turnover costs for Uniparts India in the coming fiscal years?

What is the potential dilution effect on existing shareholders if all 4,623 options are exercised at the set price of ₹604.65, considering future share price movements?

Does the exercise price of ₹604.65 reflect a significant discount or premium compared to Uniparts' current market valuation, and what does this signal about management's confidence in near-term growth?

Uniparts India appoints Manish Singh as chief human resource officer

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Reviewed by
Suketu GScanX News Team
Key Highlights

Uniparts India Limited appointed Manish Singh as chief human resource officer on August 17, 2026. The Board approved the move based on recommendations from the Nomination and Remuneration Committee. Singh brings 23 years of experience, including a significant tenure at Blue Star Limited, to lead people strategy and organizational transformation.

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Uniparts India Limited has appointed Manish Singh as chief human resource officer, effective August 17, 2026. The Board of Directors approved the appointment following a recommendation from the Nomination and Remuneration Committee. This addition to the senior management team signals a focus on organizational transformation and people strategy within the company.

The appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its disclosure to stock exchanges.

Appointment Details

Mr. Singh joins Uniparts as a Senior Management Personnel. His profile highlights extensive experience in driving HR digitalization and business HR across multiple product divisions. He previously served as General Manager - HR at Blue Star Limited for 14 years, where he partnered closely with the Executive Director and Group CHRO.

Prior to his role at Blue Star, Singh headed HR & Administration at Usher Agro Limited. In that capacity, he played a key role in greenfield projects and talent management. He holds an Executive MBA from FMS, University of Delhi, along with advanced qualifications from XLRI and Symbiosis. He also holds a Bachelor of Engineering in Electronics & Instrumentation from Dr. B.R. Ambedkar University, Agra.

Regulatory Compliance

The intimation regarding the appointment has been uploaded to the company’s website. Jatin Mahajan, Head Legal, Company Secretary and Compliance Officer, issued the communication on behalf of Uniparts India Limited.

Historical Stock Returns for Uniparts

1 Day5 Days1 Month6 Months1 Year5 Years
+0.26%-1.43%+17.23%+73.47%+106.04%0.0%

How is Manish Singh's background in HR digitalization expected to influence Uniparts' operational efficiency and cost structures in the coming fiscal years?

What specific organizational transformation initiatives or cultural shifts can investors anticipate under Singh's leadership as the new CHRO?

Will Uniparts India announce any changes to its compensation structure or employee retention strategies following this senior management appointment?

More News on Uniparts

1 Year Returns:+106.04%