ESOP20 May 2026, 09:30 pm
IGI Grants 209,938 Options Under ESOP 2024
AI Summary
International Gemological Institute Ltd has granted 209,938 stock options to eligible employees under the IGI Employee Stock Option Plan 2024. The grant was approved by the Nomination and Remuneration Committee on May 20, 2026. These options are exercisable into an equivalent number of equity shares with a face value of ₹2 each. The terms of exercise are as per the IGI ESOP Plan 2024 and grant letters.
Key Highlights
- IGI grants 209,938 stock options under ESOP 2024.
- Options exercisable into 209,938 equity shares of ₹2 face value.
- Grant approved by Nomination and Remuneration Committee on May 20, 2026.
- Pricing formula determined by NRC, in line with ESOP 2024.
- Exercise terms as per ESOP Plan 2024 and grant letters.
Price Impact
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