StockWatch
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Stockbroking & Allied
ESOP8 Jun 2026, 04:01 pm

Billionbrains Garage Ventures Corrects Stock Option Grant Date

AI Summary

Billionbrains Garage Ventures Ltd has issued a revised intimation regarding the grant of 2,74,214 stock options under its Employee Stock Option Scheme 2024. The company corrected the date of grant from June 01, 2026, to June 02, 2026, due to an inadvertent error in the previous filing dated June 02, 2026. All other details of the stock option grant remain unchanged. The options are exercisable at ₹2 per stock option and are convertible into one equity share each. The exercise period is 10 years from the vesting date.

Key Highlights

  • Stock option grant date corrected to June 02, 2026.
  • 2,74,214 stock options granted under ESOP Scheme 2024.
  • Exercise price set at ₹2 per stock option.
  • Options convertible into equity shares, exercisable within 10 years of vesting.