By Prashant Marathe | 23 May 2025 | EduInvesting
📌 At a Glance
Devyani International, the franchise king behind KFC, Pizza Hut, Costa Coffee, just served up a hot batch of stock options.
👨🍳 Grant: 3,90,200 ESOPs
🍕 Scheme: ESOP 2021
💰 Exercise Price: ₹147.60
📈 CMP: ₹181.20 (up 0.56%)
⌛ Vesting: Min 1 year, exercise window 5 years
🔐 Lock-in: None
📃 Conversion: 1 ESOP = 1 equity share (Face value ₹1)
💼 What Was Announced?
The Nomination and Remuneration Committee (NRC) met on May 23, 2025 and approved:
Grant of 3.9 lakh ESOPs to eligible employees under the ESOP 2021 scheme, priced at ₹147.60 per share.
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