ESOP2 Jul 2026, 03:45 pm
Shadowfax Technologies Grants 7.8 Lakh Stock Options
AI Summary
Shadowfax Technologies Limited announced the grant of 7,80,424 Employee Stock Options (ESOPs) under its SFX ESOP 2016 plan. The options have an exercise price of ₹10 per option and are effective from July 1, 2026. These options are convertible into equity shares of face value ₹10 each. The grant is in compliance with SEBI Listing Regulations. Vesting will occur after a minimum of 12 months, based on time and/or performance criteria, subject to continued employment. The company has also made the details available on its investor relations website.
Key Highlights
- 7,80,424 stock options granted under SFX ESOP 2016.
- Exercise price set at ₹10 per option.
- Options effective from July 1, 2026.
- Vesting based on time/performance and continued employment.
- Grant aligns with SEBI Listing Regulations.
Price Impact
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