News Corporate Actions Motherson Sumi Wiring India Limited Announces Postal Ballot for Employee Stock Option Scheme 2025 and Executive Remuneration RevisionMotherson Sumi Wiring India Limited Announces Postal Ballot for Employee Stock Option Scheme 2025 and Executive Remuneration Revision
Motherson Sumi Wiring India Limited has issued a postal ballot notice for shareholder approval of Employee Stock Option Scheme 2025 covering 1,55,00,000 options through secondary acquisition via MSWIL ESOP Trust. The company also seeks approval for Whole Time Director Anurag Gahlot's remuneration revision, increasing his basic salary to Rs. 10,94,346 per month from April 01, 2025, with annual remuneration up to INR 2,44,00,000. E-voting runs from January 29 to February 27, 2026, with results by March 1, 2026.
*this image is generated using AI for illustrative purposes only.
Motherson Sumi Wiring India Limited has announced a comprehensive postal ballot notice seeking shareholder approval for multiple strategic initiatives, including the implementation of an Employee Stock Option Scheme 2025 and executive remuneration revision.
Employee Stock Option Scheme 2025 Details
The company proposes to introduce the 'Motherson Sumi Wiring India Limited– Employee Stock Option Scheme 2025' (ESOP 2025) through secondary acquisition route. The scheme will be administered through an irrevocable employee welfare trust named 'MSWIL ESOP Trust' to be established by the company.
| Parameter: | Details |
|---|---|
| Total Options: | 1,55,00,000 (One Crores Fifty Five Lacs) |
| Share Face Value: | Re. 1/- (Rupee One only) each |
| Implementation Route: | Secondary acquisition through Trust |
| Maximum Vesting Period: | 05 (Five) years from grant date |
| Exercise Period: | Maximum 3 (Three) years from vesting |
| Grant Period: | Up to September 30, 2028 |
The scheme targets eligible employees including designated employees working in India or outside India, and directors (excluding promoters, independent directors, and those holding more than 10% shares). The maximum number of options per employee shall not exceed 5,76,000 (Five Lacs Seventy Six Thousand).
Financial Assistance and Trust Structure
The company will provide financial assistance to the Trust through loans, guarantees, or security, limited to 5% of the aggregate paid-up capital and free reserves. The loan may be interest-bearing or interest-free, with tenure based on the scheme's term and repayment from exercise proceeds and other Trust income.
| Trustee Details: | Information |
|---|---|
| Trust Name: | MSWIL ESOP Trust |
| Principal Office: | Unit - 705, C Wing, ONE BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai |
| Trustee 1: | Mr. Arjun Puri (Indian Professional) |
| Trustee 2: | Mr. Gautam Mukherjee (Indian Professional) |
Executive Remuneration Revision
The postal ballot includes approval for revising the remuneration of Mr. Anurag Gahlot (DIN: 09455743), Whole Time Director designated as Chief Operating Officer, effective from April 01, 2025.
| Remuneration Component: | Current Details |
|---|---|
| Basic Salary: | Rs. 10,94,346 per month (maximum Rs. 15,00,000) |
| Annual Remuneration FY 2025-26: | Up to INR 2,44,00,000 (Rupees Two Crores Forty Four Lacs Only) |
| Previous FY 2024-25 Remuneration: | INR 2,08,75,653 |
| Experience: | Over 30 years in automobile sector |
| Current Shareholding: | 50,820 Equity Shares |
Mr. Gahlot will also be entitled to employee stock options under ESOP 2025, subject to Nomination and Remuneration Committee approval. His remuneration package includes various benefits such as house rent allowance, medical allowance, provident fund contributions, car facility, and other perquisites as per company policy.
Voting Schedule and Process
The company has established a comprehensive timeline for the postal ballot process, with e-voting facilitated through KFin Technologies Limited.
| Activity: | Date/Time |
|---|---|
| Cut-off Date: | January 23, 2026 |
| Voting Start: | Thursday, January 29, 2026 from 0900 Hours (IST) |
| Voting End: | Friday, February 27, 2026 till 1700 Hours (IST) |
| Results Declaration: | On or before March 1, 2026 |
| Scrutinizer: | Mr. D.P. Gupta (FCS-2411; C.P. No.-1509) |
Resolutions Overview
The postal ballot covers four key resolutions:
- Special Resolution 1: Approval of ESOP 2025 scheme
- Special Resolution 2: Secondary acquisition of equity shares through Trust route
- Special Resolution 3: Provision for loans, guarantees, or security for Trust's share purchases
- Ordinary Resolution: Remuneration revision for Mr. Anurag Gahlot
The Board of Directors has recommended all resolutions for shareholder approval, emphasizing that the ESOP scheme will enable talent retention and motivation while aligning employee interests with long-term value creation. The secondary acquisition approach ensures no additional equity dilution for existing shareholders.
Shareholders can access the complete postal ballot notice and related documents on the company's website at www.mswil.motherson.com and participate in e-voting through https://evoting.kfintech.com .
*Source: *
Historical Stock Returns for Motherson Sumi Wiring
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.70% | -5.26% | -6.60% | +5.35% | +17.38% | +42.88% |
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