
ESOP5 Aug 2026, 03:34 pm
SIS Ltd Approves Grant of 3,000 Employee Stock Options
AI Summary
SIS Ltd announced that its Nomination and Remuneration Committee has approved the grant of 3,000 stock options under the 'SIS Limited Employee Stock Option Plan – 2016'. These options are convertible into an equal number of equity shares with a face value of INR 5/- each. The options will vest in two tranches: 50% on August 1, 2028, and the remaining 50% on August 1, 2030. The exercise period is within two years from the date of the last vesting. The meeting where this approval was granted took place on August 5, 2026.
Key Highlights
- Grant of 3,000 stock options approved by the Nomination and Remuneration Committee.
- Options are convertible into equity shares of face value INR 5/-.
- Vesting schedule: 50% on Aug 1, 2028, and 50% on Aug 1, 2030.
- Exercise period is within two years from the last vesting date.
- The plan is in terms of SEBI (SBEB) Regulations, 2021.
Price Impact
More from SIS