Physicswallah Grants 2,82,415 Stock Options
Physicswallah Limited announced the grant of 2,82,415 stock options to eligible employees under its Employees' Stock Option Plan 2025. The grant was approved by the Nomination and Remuneration Committee on October 01, 2026. Each stock option is convertible into one fully paid-up equity share of face value INR 1. The exercise price for these options is set at INR 1. Vesting and exercise periods will be determined by the NRC and detailed in individual grant letters and the ESOP Plan 2025. The company has also outlined provisions for adjustments in case of corporate actions and stated that shares allotted upon exercise will not be subject to a lock-in period and will rank pari passu with existing equity shares.
Key Highlights
- Physicswallah granted 2,82,415 stock options to employees.
- Options are under the ESOP Plan 2025, exercisable at INR 1.
- Vesting and exercise terms are detailed in grant letters.
- No lock-in period for shares allotted upon exercise.
Price Impact
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