ESOP16 May 2026, 05:30 pm
Elixir Capital: 9,289 Employee Stock Options Vested
AI Summary
Elixir Capital Ltd announced the vesting of 9,289 Employee Stock Options under its Employee Stock Option Scheme - 2024 on May 16, 2026. These options are convertible into an equal number of shares with a face value of ₹10 each. The options can be exercised within two years from the vesting date. The company had granted a total of 62,854 options to eligible employees with an effective grant date of May 16, 2025, covering 20,00,000 shares.
Key Highlights
- 9,289 employee stock options vested under the Elixir Capital ESOP Scheme - 2024.
- Vested options are exercisable within 2 years from the vesting date of May 16, 2026.
- Exercise price will be decided by the Committee, linked to market price, but not below face value.
- A total of 62,854 options were granted to eligible employees under the scheme.
- The scheme is administered by the Nomination and Remuneration Committee.
Price Impact
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