Aditya Birla Lifestyle Brands (ABLBL) Board has approved a new Employee Stock Option Scheme (ESOP 2025), following a review by its Nomination and Remuneration Committee.

The scheme allows for grants of up to 43.70 lakh equity shares, representing 0.36% of current equity capital.

This initiative aims to incentivize employees and is subject to shareholder approval at the upcoming Annual General Meeting.

While potentially leading to minor equity dilution, it reflects a strategic focus on employee retention.