Crest Ventures Limited has transferred 3,000 equity shares of face value INR 10 each to eligible employees upon exercise of options granted under the "Crest - Employees Stock Option Plan 2022".
The transfer was approved by the Nomination and Remuneration Committee at its meeting held on August 12, 2026, from 4:00 PM to 5:00 PM. The shares were transferred from the Crest - Employee Welfare Trust, which was established to implement the scheme.
Key ESOP Details (ESOP Grant II):
- Total options granted: 1,83,000 equity shares of INR 10 each
- Total options vested (including lapsed): 66,000 equity shares
- Options vested (excluding lapsed): 17,000 equity shares
- Options exercised in current event: 3,000 equity shares
- Total options exercised to date under Grant II: 5,000 equity shares
- Options lapsed under Grant II: 49,000 equity shares
- Exercise price: INR 200 per stock option
- Money realized from exercise: INR 6,00,000 (received by Employee Welfare Trust)
The company confirmed that there is no change in the paid-up equity share capital subsequent to this transfer. The equity shares transferred will remain under lock-in for a period of 12 months from the date of credit of such shares.
The scheme is compliant with Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure is made pursuant to Regulation 30 and other applicable regulations read with Schedule III of SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Additional Announcements:
The information will be made available on the Company's website at www.crest.in.