Oberoi Realty Limited , a leading real estate developer in India, has announced two significant corporate actions aimed at strengthening its talent retention strategy and enhancing its board expertise.

New Employee Stock Option Plan

The company is seeking shareholder approval for the introduction of the 'Oberoi Realty Limited – Employee Stock Option Plan 2025' (ESOP 2025). This new equity incentive scheme proposes to offer up to 36,36,023 employee stock options, representing approximately 1% of the company's outstanding share capital on a fully diluted basis.

Key features of the ESOP 2025 include:

• Eligibility: Employees of Oberoi Realty and its group companies, including subsidiaries and associates
• Vesting Period: 1-7 years
• Exercise Period: Maximum of 4 years from the vesting date
• Exercise Price: Up to 20% discount to the market price of shares

The company states that this plan aims to foster a high-performance culture, retain key talent, and align employee interests with long-term shareholder value creation.

Appointment of New Independent Director

In a move to strengthen its board, Oberoi Realty has appointed Mr. Sanjay Shah as a Non-Executive Independent Director for a five-year term from June 16, 2025, to June 15, 2030, subject to shareholder approval.

Mr. Shah brings over 32 years of experience in investment banking and capital markets to the board. He previously served as the Country Head-India & Managing Director at Morgan Stanley India from 1996 to 2023, during which time the firm's presence in India grew significantly.

Shareholder Approval Process

The company has issued a postal ballot notice seeking shareholder approval for these proposals through remote e-voting. The voting period is scheduled from July 30 to August 28, 2025, with results to be declared by August 30, 2025.

Oberoi Realty's move to introduce a new ESOP and bring in seasoned expertise to its board underscores the company's focus on talent management and corporate governance as it positions itself for future growth in the competitive real estate sector.

Investors and stakeholders will be watching closely to see how these strategic decisions impact the company's performance and market position in the coming years.

Oberoi Realty , a prominent player in the Indian real estate sector, witnessed a significant market event as a massive block trade worth Rs 1,961.4 crore took place on the Bombay Stock Exchange (BSE). The transaction has caught the attention of investors and market analysts alike, highlighting the strong interest in the company's shares.

Block Trade Details

The block trade involved approximately 11,131,361 shares of Oberoi Realty, which were transacted at a price of Rs 1,762.05 per share. This substantial trade represents a considerable portion of the company's floating stock and underscores the confidence of large investors in Oberoi Realty's market position and future prospects.

Market Impact

Such large-scale transactions often have a significant impact on a company's stock price and trading volume. Investors and market participants will be closely watching Oberoi Realty's stock performance in the coming days to gauge the market's reaction to this major trade.

About Oberoi Realty

Oberoi Realty is known for its high-end residential, commercial, and retail projects, primarily focused in Mumbai. The company has built a reputation for quality construction and premium developments in prime locations.

While the identity of the buyer and seller in this block trade remains undisclosed, the transaction's size suggests it could be institutional investors or large stakeholders adjusting their positions in the company.

As the real estate market continues to evolve, particularly in metropolitan areas like Mumbai, such significant trades in companies like Oberoi Realty may reflect changing perspectives on the sector's growth potential and individual company performances.

Investors and analysts will likely be keen to see if this block trade leads to any changes in the company's ownership structure or signals any strategic shifts in the near future.