Quick Heal Technologies Limited disclosed the grant of Employee Stock Options (ESOPs) approved by the Nomination and Remuneration Committee at its meeting held on July 30, 2026.

Key Quantitative Figures

  • Total options granted: 1,17,000
  • Each option exercisable into 1 equity share of face value ₹10 each fully paid-up
  • Total shares covered: 1,17,000 equity shares
  • Exercise price: ₹79 per share (Rupees Seventy-nine Only)
  • Discount: 50% of NSE closing share price on July 30, 2026

Significant Terms and Conditions

  • Minimum vesting period: 1 (One) year from date of grant
  • Maximum vesting period: 4 (Four) years from date of grant
  • Exercise period: All vested options must be exercised within maximum 3 (Three) years from date of vesting
  • Each vested option entitles the holder to acquire one equity share upon payment of exercise price

Current Status

  • Options vested: Not applicable (at grant stage)
  • Options exercised: Not applicable
  • Money realized by exercise: Not applicable
  • Total shares from exercise: Not applicable
  • Options lapsed: Not applicable
  • Variation of terms: Not applicable
  • Subsequent changes/cancellation: Not applicable

Financial Impact

The disclosure does not quantify the immediate financial impact of the ESOP grant. The dilution impact will materialize as options are exercised in the future.