Motherson Sumi Wiring India Limited has announced that its board of directors will convene on January 30, 2026, to consider and approve the company's unaudited financial results for the third quarter and nine months ended December 31, 2025.

Regulatory Compliance and Board Meeting Details

The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about the scheduled board meeting, in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely disclosure of board meetings to ensure transparency for market participants.

Stock Exchange Communication

The official communication was sent to both major Indian stock exchanges where the company's shares are listed. The notification was addressed to NSE (scrip code: MSUMI) and BSE (scrip code: 543498), ensuring comprehensive market coverage and regulatory compliance.

Corporate Governance Framework

This announcement reflects the company's adherence to established corporate governance practices and regulatory requirements. As a large-cap entity in the auto ancillaries sector, Motherson Sumi Wiring India maintains strict compliance with disclosure norms, ensuring stakeholders receive timely information about financial performance and corporate developments.

The company's registered office is located at Unit 705, C Wing, ONE BKC, G Block Bandra Kurla Complex, Bandra East Mumbai, with the Corporate Identification Number L29306MH2020PLC341326.

Motherson Sumi Wiring India Limited Board of Directors has approved a comprehensive Employee Stock Option Scheme 2025 during their meeting held on December 19. The decision, made based on recommendations from the Nomination and Remuneration Committee, marks a significant step in the company's employee incentive framework.

Key Features of ESOP 2025

The approved scheme encompasses several important parameters that define its structure and implementation:

Vesting and Exercise Framework

The scheme incorporates a structured vesting mechanism designed to align employee interests with long-term company performance. Options granted under the scheme will vest not earlier than the minimum vesting period of one year and not later than the maximum vesting period of five years from the grant date.

The exercise period for vested options will be a maximum of three years commencing from the date of each vesting. In cases of death or permanent incapacity, the Committee may allow an additional period for exercise, which shall not exceed 12 months from the original prescribed exercise period.

Pricing and Tax Implications

The exercise price per option will be determined as the market price of shares on the date of grant, with the condition that it shall not be less than the face value of the company's shares. Employees will also be liable to pay an amount equivalent to the perquisite tax value in accordance with Income Tax Act provisions and other applicable laws.

Administrative Structure

The scheme will be overseen by the Nomination and Remuneration Committee of the company, which will handle all related responsibilities including powers delegated by the Board. The scheme will be administered by the Trust to the extent that aspects of administration are delegated by the Committee as per applicable law requirements.

Regulatory Compliance and Next Steps

The ESOP 2025 has been formulated in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and other applicable provisions of the Companies Act, 2013. All equity shares reserved under the scheme will be acquired through secondary acquisition, and shares arising from exercise of vested options will not be subject to any lock-in period.

The board meeting commenced at 10:30 hours and concluded at 11:27 hours on December 19. The scheme's implementation remains subject to shareholder approval, representing the final step in the approval process.

It's important to note that the Employee Stock Option Scheme 2025 includes 1.55 crore options and will be implemented through an employee welfare trust. The scheme is still pending shareholder approval, which is crucial for its final implementation.