Crest Ventures approved transfer of 2,000 equity shares to employees upon exercise of vested ESOP options.
The options were exercised at INR 200 per share, generating INR 4,00,000 for the Employee Welfare Trust.
Transferred shares are subject to a 12-month lock-in period from the date of credit.
The company confirmed no change in paid-up equity share capital post this ESOP transfer.