DOMS Industries Grants 137,690 Additional Stock Options Under ESOP 2023
DOMS Industries Limited's Nomination and Remuneration Committee approved the grant of 137,690 additional stock options under ESOP 2023 to eligible employees on January 24, 2026. The options carry an exercise price of ₹250 per share with a face value of ₹10 each. The plan complies with SEBI regulations and features vesting periods between five to ten years from the grant date, with a six-month exercise window from respective vesting dates.
*this image is generated using AI for illustrative purposes only.
DOMS Industries Limited has announced the grant of additional stock options to its employees under the Employee Stock Option Plan 2023. The company's Nomination and Remuneration Committee approved this initiative on January 24, 2026, demonstrating the organization's commitment to employee retention and motivation through equity participation.
Stock Option Grant Details
The committee approved the allocation of 137,690 stock options to eligible employees of the company and its subsidiaries. These options represent equity shares with a face value of ₹10 each, providing employees with an opportunity to participate in the company's growth trajectory.
| Parameter: | Details |
|---|---|
| Total Options Granted: | 137,690 |
| Exercise Price: | ₹250 per option |
| Face Value: | ₹10 per equity share |
| Approval Date: | January 24, 2026 |
| Plan: | ESOP 2023 |
Regulatory Compliance and Framework
The Employee Stock Option Plan 2023 operates in full compliance with SEBI (SBE) Regulations, 2021. The plan is administered and implemented by the Nomination and Remuneration Committee, ensuring proper governance and oversight of the stock option distribution process.
Eligibility and Vesting Terms
The ESOP 2023 covers employees of DOMS Industries Limited and its subsidiaries, whether working in India or internationally. However, the plan specifically excludes certain categories of individuals to maintain regulatory compliance and governance standards.
Excluded Categories:
- Employees who are promoters or part of the promoter group
- Independent directors
- Directors holding more than 10% of outstanding equity shares
- Directors who are promoters or part of the promoter group
Exercise Period and Conditions
The stock options granted under this plan have specific vesting and exercise parameters designed to align employee interests with long-term company performance. Options will vest between five to ten years from the grant date, ensuring sustained employee engagement and commitment.
| Vesting Terms: | Details |
|---|---|
| Minimum Vesting Period: | 5 years from grant date |
| Maximum Vesting Period: | 10 years from grant date |
| Exercise Window: | 6 months from respective vesting date |
| Current Vesting Status: | Not applicable at this stage |
The plan includes comprehensive terms regarding vesting conditions and exercise periods for various employment scenarios, including resignation, termination, retirement, death, and permanent incapacity. These provisions ensure fair treatment of employees across different circumstances while protecting the company's interests.
Corporate Communication
The company filed this intimation with stock exchanges on January 27, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made on the first working day following the committee's approval, demonstrating the company's commitment to timely regulatory compliance and transparent communication with stakeholders.
Historical Stock Returns for DOMS Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.72% | +0.13% | -8.29% | +2.96% | -5.40% | +79.95% |
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