Sterlite Technologies Grants 24,621 Stock Options to Employees Under ESOP 2016 Scheme
Sterlite Technologies Limited granted 24,621 stock options to eligible employees under ESOP 2016 scheme at ₹2.00 per option exercise price. The options vest over 3 years with a 5-year exercise window from vesting date. The grant was approved by the Nomination and Remuneration Committee on January 14, 2026, and represents the company's commitment to employee retention through equity participation.

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Sterlite Technologies Limited has granted 24,621 stock options to eligible employees under its Employee Stock Option Scheme 2016 (ESOP 2016), as announced through a regulatory filing on January 14, 2026. The grant was approved by the company's Nomination and Remuneration Committee of the Board during their meeting held on the same date.
Stock Option Grant Details
The key parameters of the stock option grant are structured to provide long-term incentives for employee retention and performance:
| Parameter: | Details |
|---|---|
| Number of Options: | 24,621 |
| Exercise Price: | ₹2.00 per option |
| Vesting Period: | 3 years |
| Exercise Window: | 5 years from vesting date |
| Scheme: | ESOP 2016 |
Vesting and Exercise Framework
The granted stock options are exercisable into an equal number of fully paid-up equity shares of the company. The options will vest over a period of 3 years, providing a structured timeline for employee benefits realization. Once vested, employees will have a 5-year window to exercise their options, offering flexibility in timing their equity participation.
Regulatory Compliance
The grant was made in accordance with the company's Employee Stock Option Scheme 2016 and complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this development as part of its regulatory disclosure obligations.
This ESOP grant represents the company's continued commitment to employee engagement and retention through equity participation, allowing eligible employees to benefit from the company's long-term growth and performance.
Historical Stock Returns for Sterlite Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.27% | -5.11% | -6.48% | -8.55% | +29.58% | -49.85% |
















































