StockWatch
·
Computers - Software & Consulting
ESOP17 Jul 2026, 07:30 pm

3i Infotech Approves Grant of 19.4 Lakh Stock Options

AI Summary

3i Infotech Ltd announced that its Nomination and Remuneration Committee (NRC) has approved the grant of 19,40,000 stock options to identified employees under the 3i Infotech Stock Option Plan 2023 (ESOP 2023). The options are priced at Rs. 10/- per stock option and will vest over three years (33% in year 1, 33% in year 2, and 34% in year 3). Employees have five years from the vesting date to exercise these options. The equity shares issued upon exercise will be pari-passu with existing shares and not subject to lock-in. The NRC meeting took place on July 17, 2026.

Key Highlights

  • 19.4 lakh stock options granted to employees under ESOP 2023.
  • Options priced at Rs. 10/- each, vesting over three years.
  • Exercise window of 5 years from vesting date.
  • Issued shares will be pari-passu and not subject to lock-in.