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V.I.P.INDUSTRIES LTD. ( (IN:VIPIND) ) has shared an update.
V.I.P. Industries has approved the grant of 120,000 Employee Stock Appreciation Rights (ESARs) to an eligible employee under its VIP Employees Stock Appreciation Rights Plan 2018, as cleared by the Nomination and Remuneration Committee via circular resolution on 22 December 2025. The ESARs, issued at a price of Rs 388 per share and compliant with SEBI’s share-based employee benefits regulations, cover up to 1,706,587 equity shares in total, with vested rights exercisable within five years of vesting; this move underscores the company’s continued reliance on equity-linked incentives to align employee interests with shareholder value and support long-term retention of key personnel.
More about V.I.P.INDUSTRIES LTD.
V.I.P. Industries Ltd. operates in the luggage and travel accessories industry, manufacturing and marketing a range of travel bags, suitcases and related products for domestic and international markets. The company is listed on both BSE and NSE and uses share-based compensation schemes to attract and retain key talent within the organisation and its subsidiaries.
Average Trading Volume: 210,377
Technical Sentiment Signal: Sell
Current Market Cap: 51.64B INR
For detailed information about VIPIND stock, go to TipRanks’ Stock Analysis page.