EPL Limited has announced its intention to grant 80 Lakh (8 million) Employee Stock Options (ESOs) under the newly proposed Employee Stock Option Scheme - 2025, subject to approval from the company’s members. The initiative is aimed at enhancing employee engagement and retention by providing an opportunity for employees of EPL and its subsidiaries, both in India and internationally, to become shareholders in the company. The approval process will take place via a Postal Ballot, enabling members to vote electronically from November 15, 2025, until December 14, 2025.
The company has outlined that the options will give employees the right to acquire one equity share upon exercise, with the plan being managed by the Nomination and Remuneration Committee (NRC). The Board of Directors may also establish an Employee Stock Option Trust to facilitate the administration of the scheme. In line with the regulations set forth by the Securities and Exchange Board of India (SEBI), the company will conduct the voting through electronic means only, reflecting a modern approach to shareholder engagement. The cut-off date for eligible members to vote was November 7, 2025.
EPL Limited’s decision to introduce this stock option scheme comes at a time when many organizations are recognizing the importance of incentivizing employees through ownership stakes. The proposed scheme is designed to align the interests of employees with those of shareholders, potentially boosting overall productivity and commitment to the company's long-term success. As EPL moves forward with this initiative, it reflects a growing trend in corporate governance aimed at fostering a motivated workforce. Results from the voting will be announced within two working days after the conclusion of the voting period.