News Corporate Actions APAR Industries Grants 21,399 Employee Stock Appreciation Rights Under 2024 PlanAPAR Industries Grants 21,399 Employee Stock Appreciation Rights Under 2024 Plan
APAR Industries Limited granted 21,399 Employee Stock Appreciation Rights to eligible employees under its 2024 ESAR plan on January 29, 2026. The ESARs are priced at Rs. 7,411.50 with no discount to market price, featuring a maximum 4-year vesting period and 8-year exercise window. The plan complies with SEBI regulations and is administered by the company's Nomination and Compensation-cum-Remuneration Committee based on performance parameters.
*this image is generated using AI for illustrative purposes only.
APAR Industries Limited has announced the grant of 21,399 Employee Stock Appreciation Rights (ESARs) to eligible employees under its comprehensive employee incentive program. The company's Nomination and Compensation-cum-Remuneration Committee (NCRC) approved this grant on January 29, 2026, as part of the "APAR Industries Limited – Employees Stock Appreciation Rights Plan 2024."
ESAR Grant Details
The granted ESARs represent a maximum of 21,399 equity shares with a face value of Rs. 10 each. The committee has structured the plan to ensure compliance with regulatory requirements while providing meaningful incentives to employees.
| Parameter: | Details |
|---|---|
| Total ESARs Granted: | 21,399 |
| ESAR Price: | Rs. 7,411.50 |
| Discount to Market Price: | 0% |
| Face Value per Share: | Rs. 10 |
| Grant Date: | January 29, 2026 |
Vesting and Exercise Framework
The ESAR plan incorporates a structured timeline for vesting and exercise to align employee interests with long-term company performance. The vesting period extends to a maximum of 4 years from the grant date, providing employees with a reasonable timeframe to earn their rights.
| Timeframe: | Duration |
|---|---|
| Maximum Vesting Period: | 4 years from grant date |
| Exercise Period: | 8 years from vesting date |
| Exercise Flexibility: | One time or multiple tranches |
Regulatory Compliance and Administration
The ESAR 2024 plan operates in full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The Nomination and Compensation-cum-Remuneration Committee administers the plan and determines eligibility based on performance parameters outlined in the scheme.
Key administrative features include:
- Grant eligibility based on specified performance criteria
- Provisions for handling ESARs in cases of death, permanent incapacity, resignation, termination, or retirement
- Structured approach to ensure regulatory compliance
- Committee oversight for fair and transparent administration
Meeting and Disclosure Details
The NCRC meeting that approved the ESAR grant concluded at 12:42 p.m. IST on January 29, 2026. The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations by informing both the National Stock Exchange of India Limited and BSE Limited about this development.
This ESAR grant represents APAR Industries' continued commitment to employee retention and motivation through equity-linked compensation structures. The plan's design reflects the company's focus on aligning employee rewards with long-term shareholder value creation while maintaining strict adherence to regulatory frameworks.
Historical Stock Returns for Apar Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.31% | +10.98% | -10.37% | -10.78% | +7.77% | +2,072.54% |
19
