
ESOP8 Oct 2026, 07:40 pm
Crescentis Capital: Grant Date Set for MD's ESOPs
AI Summary
Crescentis Capital Ltd has determined October 8, 2026, as the grant date for Employee Stock Options (ESOPs) to its Managing Director, Mr. Subba Rao Veeravenkata Meka. This grant, under the CCL ESOS 2025, involves 5,00,000 stock options at an exercise price of ₹50 per option. The options will vest in two tranches: 50% on October 7, 2027, and the remaining 50% on October 7, 2028. This action follows shareholder approval at the 33rd AGM and is in compliance with SEBI regulations.
Key Highlights
- Grant date for MD's ESOPs set as October 8, 2026.
- 5,00,000 stock options granted at ₹50 exercise price.
- Vesting scheduled for October 7, 2027 (50%) and 2028 (50%).
- Scheme complies with SEBI (SBEB & SE) Regulations, 2021.
Price Impact
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