StockWatch
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Financial Products Distributor
ESOP9 Oct 2026, 07:04 pm

Prudent Corporate Grants 1,30,845 ESOPs

AI Summary

Prudent Corporate Advisory Services Ltd has announced the second grant of Employee Stock Options (ESOPs) under its "Prudent - Employees Stock Options Scheme - 2025". The National Recognition Committee (NRC) approved the grant of 1,30,845 options to eligible employees of the company and its wholly-owned subsidiaries. Each option represents one equity share of face value ₹5/-. The options are granted at a price of ₹3,211/- per option, determined by the NRC under the Scheme. These options are subject to a vesting period of 4 years from the grant date and are exercisable within 4 years from the vesting date, with restrictions as may be applicable.

Key Highlights

  • Second grant of ESOPs under "Prudent - Employees Stock Options Scheme - 2025".
  • 1,30,845 options granted to eligible employees.
  • Grant price set at ₹3,211/- per option.
  • Options subject to a 4-year vesting period.
  • Exercisable within 4 years post-vesting.