Key Quantitative Figures

  • Total number of ESOPs granted: 1,055
  • Each ESOP convertible into: 1 equity share of face value ₹1 each
  • Total potential equity shares: 1,055
  • Exercise price per ESOP: ₹1

Parties Involved

  • Granting authority: Nomination and Remuneration Committee of Ather Energy Limited
  • Recipients: Eligible employees of the Company
  • Compliance officer: Puja Aggarwal, Company Secretary & Compliance Officer (Membership No: A49310)

Significant Terms

  • The ESOP Plan is administered by the Nomination and Remuneration Committee
  • Grant is based on and governed by the ESOP Plan approved by shareholders
  • Each vested option confers the right to apply for one equity share of the company
  • The scheme is compliant with SEBI (SBEB) Regulations, 2021

Financial Impact

  • Potential equity dilution: 1,055 shares upon full exercise of all options
  • Money to be realized upon exercise: ₹1,055 (at ₹1 per option)
  • Diluted earnings per share impact: Not quantified in the disclosure

Other Details

  • Options lapsed: Not applicable
  • Options vested: Not yet vested (disclosure indicates future vesting)
  • Options exercised: None at time of disclosure
  • Money realized by exercise: None at time of disclosure

#Tags: #AtherEnergy #ESOP #SEBIDisclosure #RegulatoryCompliance #EmployeeCompensation #Neutral