Key Quantitative Details
- Total options granted: 190,198 stock options
- Grant date: July 16, 2026
- Face value of underlying shares: Rs. 2 each
- Exercise price breakdown:
- 182,126 options at Rs. 2 per stock option
- 8,072 options at Rs. 173.65 per stock option
- Total shares covered: 190,198 equity shares of face value Rs. 2 each
Scheme Details
- Scheme name: Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024
- Compliance: Scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Conversion terms: Each stock option is convertible into one fully paid-up equity share
- Exercise period: 10 years from the date of vesting
- Significant terms: The Scheme provides for manner of dealing with Stock Options in case of death, permanent incapacity, resignation, termination, retirement, etc.
Not Applicable Items
The following items are marked as "Not Applicable" as the disclosure pertains only to grant of options:
- Options Vested
- Options Exercised
- Total number of shares arising from exercise of option
- Options Lapsed
- Variation of terms of options
- Subsequent changes or cancellation or exercise of options
- Diluted earnings per share pursuant to issue of equity shares on exercise of options