ESOP10 Sept 2026, 08:40 pm
Allied Digital Services Approves 2,00,000 ESOPs
AI Summary
Allied Digital Services Ltd announced that its Nomination and Remuneration Committee has approved the grant of 2,00,000 employee stock options under the ADSL - Employees Stock Option Plan 2020. The exercise price for these options is set at INR 114 per option. Each option is convertible into one fully paid-up equity share of face value INR 5. The exercise period is a maximum of three years from the date of vesting. This move is intended to incentivize eligible employees.
Key Highlights
- 2,00,000 employee stock options granted.
- Exercise price set at INR 114 per option.
- Options convertible into equity shares under ESOP Plan 2020.
- Exercise period up to three years post-vesting.
- Aims to incentivize eligible employees.
Price Impact
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