ESOP31 March 2026 at 03:11 pm
Mirc Electronics Grants Stock Options to CEO & Approves Name Change
AI Summary
In their meeting held on March 31, 2026, Mirc Electronics Ltd. Board approved the grant of 2,95,00,000 stock options to the CEO under the Employee Stock Option Plan 2023. The Board also approved the vesting of options granted to employees under the same plan. Additionally, the Board proposed a change in the company's name, subject to approvals from relevant authorities and members in a General Meeting.
Key Highlights
- Mirc Electronics granted 2,95,00,000 stock options to the CEO
- Options granted under time-based and performance-based schemes
- Vesting of options granted to employees under Employee Stock Option Plan 2023
- Proposed change in the company's name, subject to approvals