
ESOP6 Jul 2026, 08:20 pm
Trident Ltd Board Approves Employees Stock Option Plan 2026
AI Summary
Trident Ltd's Board of Directors has approved and recommended the Trident Employees Stock Option Plan 2026 for shareholders' approval. The plan covers eligible employees of the company and its subsidiaries/associates. A total of 25,47,97,783 stock options, exercisable into an equal number of equity shares, are proposed, representing 5% of the total issued capital as of July 6, 2026. The exercise price will be the preceding day's market closing price. The scheme is compliant 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 Trident Employees Stock Option Plan 2026.
- Plan covers employees of Trident and its subsidiaries/associates.
- 25.48 crore options proposed, representing 5% of issued capital.
- Exercise price linked to market closing price.
- Scheme complies with SEBI (SBEB) Regulations, 2021.
Price Impact
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