ESOP28 Aug 2026, 07:10 pm
Shadowfax Technologies Grants 1 Lakh Stock Options
AI Summary
Shadowfax Technologies Limited has announced the grant of 1,00,000 Employee Stock Options (ESOPs) under its SFX ESOP 2016 plan. The options are granted at an exercise price of ₹10 per option and become effective from September 01, 2026. Each option is convertible into one fully paid-up equity share of face value ₹10. The options will vest after a minimum of 12 months from the grant date, with vesting details determined by time and/or performance criteria, subject to continued employment. The company has confirmed the scheme is in terms of SEBI (SBEB) Regulations, 2021.
Key Highlights
- 1,00,000 ESOPs granted under SFX ESOP 2016.
- Exercise price set at ₹10 per option.
- Options convertible to equity shares of ₹10 face value.
- Vesting period of minimum 12 months applies.
- Scheme complies with SEBI (SBEB) Regulations, 2021.
Price Impact
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