ESOP12 May 2026, 05:11 pm
Trustedge Capital: ESOP 2025 Options Cancelled & Granted
AI Summary
Trustedge Capital Ltd. announced the cancellation and grant of stock options under its Employee Stock Option Scheme 2025. The Nomination and Remuneration Committee approved the cancellation of 24,967 unvested stock options due to an employee's resignation, which will be added back to the option pool. Simultaneously, the committee approved the grant of 24,967 stock options to eligible employees under the same scheme, with each option convertible into one equity share of face value ₹10.
Key Highlights
- 24,967 unvested stock options cancelled under Trustedge ESOP 2025.
- Cancellation due to employee resignation; options return to pool.
- Grant of 24,967 new stock options approved for eligible employees.
- Each option convertible into one equity share of face value ₹10.
- Options can be exercised within 5 years from vesting, as determined by the Committee.
Price Impact
More from ADIEXRE