StockWatch
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Diversified Commercial Services
ESOP23 Jul 2026, 04:40 pm

IGI Grants 629,814 Stock Options Under 2024 Plan

AI Summary

International Gemological Institute Ltd (IGI) announced the grant of 629,814 Stock Options to eligible employees under the IGI Employee Stock Option Plan - 2024. The Nomination and Remuneration Committee approved the grant on July 23, 2026. These options are exercisable into an equal number of equity shares of face value Rs. 2 each. The specific terms and pricing are in line with the ESOP Plan 2024 and grant letters, with details of vesting and exercise periods to be as per the plan. The company confirmed the scheme complies with SEBI regulations.

Key Highlights

  • 629,814 stock options granted to employees.
  • Grant is under the IGI Employee Stock Option Plan - 2024.
  • Options are exercisable into equity shares of Rs. 2 face value.
  • Scheme complies with SEBI (Share Based Employee Benefits) Regulations, 2021.