Focus Lighting and Fixtures Limited has transferred 93,750 equity shares of face value ₹2 each from the FLFL Employees Welfare Trust to eligible employees following the exercise of stock options under its ESOP 2019 plan.
Under this scheme, a total of 25,00,000 options were granted at an exercise price of ₹12.6 per share, aimed at recognizing employee contributions and promoting long-term association by giving them a stake in the company’s growth.
The ESOP initiative underscores Focus Lighting’s commitment to fostering employee engagement, retention, and motivation, while reinforcing a culture of shared ownership as the company continues to expand in the lighting and fixtures segment.
