{"id":815,"date":"2026-06-24T05:33:49","date_gmt":"2026-06-24T05:33:49","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar26\/?page_id=815"},"modified":"2026-06-24T05:34:13","modified_gmt":"2026-06-24T05:34:13","slug":"share-based-payments-employee-stock-option-plans","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar26\/share-based-payments-employee-stock-option-plans\/","title":{"rendered":"Share based payments (Employee stock option plans)"},"content":{"rendered":"\n\n\t
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\n\t\t\t\n\t\t\t\n\n\n\t\tNotes to Consolidated Financial Statements<\/span>\n\t<\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t
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\n\t\t\t\n\t\t\t\n\n\n\n\n\n\t\n\t\t\n\t\t36<\/title>\n\t\t<style>\n\t\t\tbody, div, dl, dt, dd, h1, h2, h3, h4, h5, h6, p, pre, code, blockquote, figure {\n\tmargin:0;\n\tpadding:0;\n\tborder-width:0;\n}\nbody {\n\t-epub-hyphens:auto;\n}\ntable.Annual-Report-Main-Table {\n\tborder-collapse:collapse;\n\tborder-color:#000000;\n\tborder-style:none;\n\tborder-width:0px;\n\tmargin-bottom:0px;\n\tmargin-top:0px;\n}\ntd.Annual-Report-Main-Table, th.Annual-Report-Main-Table {\n\tborder-left-width:1px;\n\tborder-left-style:solid;\n\tborder-left-color:#000000;\n\tborder-top-width:1px;\n\tborder-top-style:solid;\n\tborder-top-color:#000000;\n\tborder-right-width:1px;\n\tborder-right-style:solid;\n\tborder-right-color:#000000;\n\tborder-bottom-width:1px;\n\tborder-bottom-style:solid;\n\tborder-bottom-color:#000000;\n\tpadding-top:4px;\n\tpadding-bottom:4px;\n\tpadding-left:4px;\n\tpadding-right:4px;\n\tvertical-align:top;\n}\ntable.Basic-Table 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{\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-10 {\n\tborder-bottom-color:#005dac;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-11 {\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n}\ntd._idGenCellOverride-12 {\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n\tborder-top-color:#000000;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-13 {\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#000000;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ncol._idGenTableRowColumn-1 {\n\twidth:800px;\n}\ntr._idGenTableRowColumn-2 {\n\tmin-height:25px;\n}\ncol._idGenTableRowColumn-3 {\n\twidth:230px;\n}\ncol._idGenTableRowColumn-4 {\n\twidth:10px;\n}\ncol._idGenTableRowColumn-5 {\n\twidth:85px;\n}\ntr._idGenTableRowColumn-6 {\n\tmin-height:23px;\n}\ntr._idGenTableRowColumn-7 {\n\tmin-height:41px;\n}\ncol._idGenTableRowColumn-8 {\n\twidth:380px;\n}\ncol._idGenTableRowColumn-9 {\n\twidth:95px;\n}\ntr._idGenTableRowColumn-10 {\n\tmin-height:95px;\n}\ncol._idGenTableRowColumn-11 {\n\twidth:275px;\n}\ntr._idGenTableRowColumn-12 {\n\tmin-height:131px;\n}\ndiv._idGenObjectStyleOverride-1 {\n\tborder-width:0px;\n}\n\n\t\t<\/style>\n\t<\/head>\n\t<body id=\"x36\">\n\t\t<div id=\"_idContainer000\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<table id=\"table001\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--01-Color_Head _1_Table_Table-Body-Text_11_Table_Text-_Plain _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Main_Head_Color\" lang=\"en-US\"><span>36<\/span>   <span>Share based payments (Employee stock option plans)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t\t<div id=\"_idContainer001\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<p class=\"_R9--Nonfinancial_-09-NF_00Indent\" lang=\"en-US\"><span class=\"CharOverride-1\">   <\/span><br \/>The Board of Directors of Holding Company at its meeting held on 30 January 2019, approved an Employee Stock Options Scheme (\u2018ESOS\u2019). Pursuant to the scheme stock options up to a maximum of 0.17% of the then issued equity capital of the Company aggregating to 5,000,000 equity shares of the face value of \u20b9 10 each can be issued in a manner provided in the SEBI (Share Based Employee Benefits) Regulations, 2014 as amended. The shareholders of the Company vide their special resolution passed through postal ballot on 13 March 2019 approved the issue of equity shares of the Company under one or more Employee Stock Option Scheme(s).<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-09-NF_00Indent\" lang=\"en-US\">The Nomination and Remuneration Committee of the Holding Company has approved the following grants to select senior level executives of the Company in accordance with the Stock Option Scheme. The details of grants made as of 31 March 2026 are given in below tables:<\/p>\n\t\t\t<table id=\"table002\" class=\"Basic-Table TableOverride-1\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--05-Particulars-Left- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-CY_2026 _idGenCellOverride-3\" colspan=\"11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Color- ParaOverride-1\">31 March 2026<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Main_Head_Color\" lang=\"en-US\">   <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-10\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Grant date<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">17 May 2019<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">29 April 2021<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">27 April 2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">25 April 2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">18 April 2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"><span>29 May 2025<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">No. of options granted<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2,87,636 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2,77,116 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 4,47,692 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 4,75,268 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 3,12,128 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"><span> 3,80,048 <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Exercise price (<span class=\"CharOverride-2\">\u20b9<\/span>)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2,942.65 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 3,889.75 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 3,892.10 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 4,332.10 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 8,919.15 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"><span> 8,849.00 <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Weighted average fair value (<span class=\"CharOverride-2\">\u20b9<\/span>)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 827.52 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,091.44 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 959.75 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,143.72 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 3,029.51 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"><span> 2,360.01 <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<table id=\"table003\" class=\"Basic-Table TableOverride-2\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-8\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-10\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--05-Particulars-Left- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Left-\">Total for all grants<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Thickline-Black--Right- _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">No. of options<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Thickline-Black--Right- _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Range of fair value (<span class=\"ITF-Rupee CharOverride-3\">\u20b9<\/span>)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Thickline-Black--Right- _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Weighted average fair value (<span class=\"ITF-Rupee CharOverride-3\">\u20b9<\/span>)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Thickline-Black--Right- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Weighted average remaining contractual life (years)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Main_Head_Color\" lang=\"en-US\">   <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-13\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Outstanding at the beginning of the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 12,27,981 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 663.31 – 3550.05 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,015.83 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 5.36 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Granted during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 3,80,048 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1939.71 – 2732.98 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2,360.01 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 6.48 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Cancelled during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 31,295 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 854.21 – 3550.05 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2,300.76 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> NA <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Expired during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> NA <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Exercised during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,33,366 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 663.31 – 2367.83 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,070.89 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> NA <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Outstanding at the end of the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 14,43,368 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 790.94 – 3550.05 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,801.12 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 5.03 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Vested and exercisable at the end of the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 5,36,425 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 790.94 – 2367.83 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,201.16 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 3.25 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_R9--Nonfinancial_-R9-NF_00Indent_Bold\" lang=\"en-US\">Method used for accounting for share based payment plan:<\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-09-NF_00Indent\" lang=\"en-US\">The Holding Company has used the fair value method to account for the compensation cost of stock options to employees. The fair value of options used are estimated on the date of grant using the Black Scholes model. The key assumptions used in Black Scholes model for calculating fair value as on the date of grants are:<\/p>\n\t\t\t<table id=\"table004\" class=\"Basic-Table TableOverride-1\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-11\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-12\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-PY_2025 _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right- ParaOverride-2\">Grant date<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-PY_2025 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Risk Free interest rate<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-PY_2025 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Expected life<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-PY_2025 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Expected volatility<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-PY_2025 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Dividend yield<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-PY_2025 _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\">Price of the underlying share in the market at the time of the option grant (<span class=\"ITF-Rupee CharOverride-3\">\u20b9<\/span>)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Main_Head_Color\" lang=\"en-US\">   <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-13\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">17 May 2019<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">6.88% to 7.26%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.51-6.51 years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">22.18% to 23.79%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">2.04%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\"> 2,942.65 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">29 April 2021<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">5.18% to 6.08%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.51-6.51 years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">29.35% to 26.65%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">2.06%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\"> 3,889.75 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">27 April 2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">6.15% to 6.82%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.51-6.51 years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">26.03% to 28.79%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.60%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\"> 3,892.10 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">25 April 2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">6.87% to 7.00%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.51-6.51 years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">25.93% to 28.37%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.22%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\"> 4,332.10 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">18 April 2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">7.06% to 7.08%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.50-6.51 years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">23.79% to 26.42%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">0.90%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\"> 8,919.15 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Basic-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">29 May 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">5.79% to 5.98%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">3.50-6.51 years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">25.26% to 27.18%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\">2.37%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9--00-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Basic-Table _R9-_-R9-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text ParaOverride-3\"> 8,849.00 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_R9--Nonfinancial_-09-NF_00Indent\" lang=\"en-US\">For the year ended 31 March 2026, the Group has accounted expense of \u20b9 70.60 crore as employee benefit expenses (See note 28) on the aforesaid employee stock option plan (Previous year \u20b9 67.32 crore). The balance in employee stock option outstanding account is \u20b9 163.58 crore as of 31 March 2026 (Previous year \u20b9 99.44 crore).<\/p>\n\t\t<\/div>\n\t<\/body>\n<\/html>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_511795494 {\n padding-top: 30px;\n padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-blank.php","meta":{"footnotes":""},"class_list":["post-815","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Share based payments (Employee stock option plans) - Annual Report 2025-26<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bajajauto.com\/ar26\/share-based-payments-employee-stock-option-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Share based payments (Employee stock option plans) - 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