E2E Networks Limited ESOP Grant Disclosure
E2E Networks Limited has granted 5,45,000 (Five Lakh Forty-Five Thousand) Stock Options to eligible employees under the E2E Networks Limited Employees Stock Option Scheme - 2021 ("Scheme").
Key Details:
- Total Options Granted: 5,45,000 Stock Options
- Underlying Shares: 5,45,000 Equity Shares of ₹1/- each to be issued against the Stock Options
- Face Value: ₹1/- per share
- Grant Date: August 31, 2026
- Approving Authority: Nomination and Remuneration Committee of the Board of Directors
- Exercise Period: Vested options must be exercised within 2 (Two) years from the date of respective vesting or before the last working day of the grantee, whichever is earlier
Pricing Formula: The exercise price of the Stock Options shall be determined by the Nomination and Remuneration Committee in accordance with the pricing formula prescribed under the E2E Networks Limited Employee Stock Option Scheme - 2021, subject to the condition that the exercise price shall in no event be less than the face value of the shares.
Regulatory Compliance: The grant is made pursuant to Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and conforms to Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ('SBEB & SE Regulations').
Additional Terms: The Stock Options granted once vested shall entitle the Option holder to acquire equal number of Equity Shares, upon payment of exercise price and applicable taxes in accordance with terms and conditions of the Scheme.
Additional Announcements
No additional corporate announcements were included in this filing beyond the ESOP grant disclosure.