ESOP1 April 2026 at 12:20 pm
eClerx Services Ltd Announces Vesting of Employee Stock Options Under Company's Employee Stock Option Scheme 2022
AI Summary
eClerx Services Ltd has announced that 6,75,870 employee stock options granted to employees under Employee Stock Option Scheme 2022 have completed the time-based vesting period of 3 years. These options are now available for exercise with effect from April 1, 2026.
Key Highlights
- 6,75,870 employee stock options granted to employees of the Company and its Subsidiaries have completed the time-based vesting period.
- The options are now available for exercise with effect from April 1, 2026.
- The ESOP Scheme 2022 is administered via ESOP Trust.
- The Options vested can be exercised by the Employees within 3 years from the date of vesting.
- In the event of resignation/termination, all Unvested Options shall expire and stand terminated with effect from that date.