StockWatch
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Diversified Commercial Services
ESOP27 Jul 2026, 06:00 pm

Icon Facilitators Approves Employee Stock Option Scheme 2026

AI Summary

Icon Facilitators Ltd announced that its Board of Directors, upon the recommendation of the Nomination and Remuneration Committee, has approved the Icon Facilitators Limited – Employee Stock Option Scheme 2026 (ESOS 2026). This scheme, subject to shareholder approval via postal ballot, will grant 6,75,000 employee stock options exercisable into equity shares. The scheme aims to benefit eligible employees and directors through fresh allotment. The exercise price will be the market price or a discounted price, not less than the face value. Vesting is expected between one to three years from the grant date.

Key Highlights

  • Board approves ESOS 2026, subject to shareholder consent.
  • Scheme allows for 6,75,000 employee stock options.
  • Options exercisable into equity shares of face value Rs. 10.
  • Vesting period ranges from 1 to 3 years from grant date.
  • Scheme administered by the Nomination and Remuneration Committee.