Mobavenue AI Tech Limited's Nomination and Remuneration Committee approved the grant of 121,705 stock options to eligible employees on April 30, 2026.
The options have an exercise price of ₹1,088 each and are governed by the MATL ESOP 2025 scheme, which is SEBI SBEB 2021 compliant.
Vesting commences after one year from the grant date, with a one-year exercise window following vesting.
The grant covers a total of 750,000 underlying equity shares and was approved via a circular resolution.