Date: July 17, 2026
Board Meeting Outcomes
- The Nomination and Remuneration Committee (NRC) at its meeting held on July 17, 2026, approved the grant of 19,40,000 stock options to identified employees of the Company under the 3i Infotech Stock Option Plan 2023 (ESOP 2023).
- The meeting commenced at 11:30 AM and concluded at 4:42 PM.
ESOP Grant Details
Basic Grant Information
- Total options granted: 19,40,000
- Total shares covered: 19,40,000 equity shares
- Pricing formula: ₹10 per stock option
Vesting Schedule
- 1st year: 33% vesting
- 2nd year: 33% vesting
- 3rd year: 34% vesting
Exercise Period
- Options may be exercised within 5 years from the vesting date
Significant Terms
- The ESOP 2023 provides the manner in which stock options would be dealt with in case of death, permanent incapacity, resignation, termination, etc.
- The equity shares, pursuant to the exercise of the stock options, would be pari-passu to the existing Equity shares in all respects and would not be subject to lock-in.
Regulatory Compliance
- The grant is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Not Applicable Items
- Options exercised: Not Applicable
- Money realized by exercise of options: Not specified
- Total number of shares arising from exercise: Not specified
- Options lapsed: Not specified
- Subsequent changes or cancellation or exercise: Not Applicable
- Diluted earnings per share impact: Not Applicable
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Financial Results
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Not Specified