ESOP6 Jul 2026, 08:30 pm
Trident Ltd Approves Employees Stock Option Plan 2026
AI Summary
Trident Ltd's Board of Directors has approved the Trident Employees Stock Option Plan 2026, subject to shareholder approval. The plan allows for the grant of up to 25,47,97,783 stock options, representing 5% of the total issued capital, to eligible employees of the company and its subsidiaries/associates. The exercise price will be the preceding day's closing market price. The plan complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and will be administered by the Nomination and Remuneration Committee.
Key Highlights
- Board approved Employees Stock Option Plan 2026.
- Plan covers up to 25,47,97,783 equity shares (5% of capital).
- Exercise price linked to preceding day's market price.
- Requires shareholder approval and complies with SEBI regulations.
Price Impact
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