OnMobile Global Approves 1,40,000 ESOP Grants

OnMobile Global Ltd's Nomination and Compensation Committee has approved the grant of 1,40,000 Employee Stock Options (ESOPs) to eligible employees under its Employee Stock Option Plan III, 2008. The options are for equity shares with a face value of Rs. 10 each. The fair market value on the grant date will be used for pricing. Options are exercisable within five years from vesting, with a minimum vesting period of one year. This move aims to incentivize and retain key talent within the organization.