Onward Technologies Grants 38,000 ESOPs

Onward Technologies Ltd has announced the grant of 38,000 Employee Stock Options (ESOPs) under its 'Onward Employee Stock Option Scheme 2024'. The grant was approved by the Nomination and Remuneration Committee on October 12, 2026. The ESOPs will be granted to eligible employees with an exercise price set at a 20% discount to the market price on the grant date. The options have a vesting period of 1 to 4 years from the grant date and an exercise period of up to 2 years from the vesting date. This move is part of the company's strategy to incentivize and retain its workforce.