Cineline India Approves Employee Stock Option Plan 2026

Cineline India Limited's Board of Directors has approved the formulation of the "Cineline India Limited - Employee Stock Option Scheme, 2026" (Cineline ESOP 2026). This plan allows for the grant of up to 8,00,000 employee stock options. The scheme is subject to shareholder approval in the upcoming general meeting and other necessary regulatory approvals. The Nomination and Remuneration Committee will administer the scheme, determining eligible employees and the terms of the options. The exercise price will be determined by the committee, not less than the face value and not more than the market price on the grant date. The exercise period begins post-vesting and lasts up to three years.