ESOP2 Nov 2026, 08:22 pm
Physicswallah Grants 1,84,828 Stock Options
AI Summary
Physicswallah Limited announced the grant of 1,84,828 stock options to eligible employees under its ESOP Plan 2025. The Nomination and Remuneration Committee approved the grant on November 02, 2026. Each option is convertible into one equity share of face value INR 1. The exercise price is set at INR 1. Vesting and exercise will follow schedules determined by the NRC and specified in the grant letters and ESOP Plan 2025. The company has also outlined terms for corporate actions and potential adjustments to options.
Key Highlights
- 1,84,828 stock options granted to employees.
- Options are under the ESOP Plan 2025.
- Exercise price set at INR 1 per option.
- Vesting and exercise terms detailed in grant letters.
- Equity shares from options rank pari passu.
Price Impact
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