Key Quantitative Figures
The Nomination and Remuneration Committee approved the grant of:
- 47,62,497 (Forty-Seven Lakh Sixty-Two Thousand Four Hundred and Ninety-Seven) employee stock options ("Options")
- 1,90,49,984 (One Crore Ninety Lakh Forty-Nine Thousand Nine Hundred and Eighty-Four) performance stock units ("PSUs")
These grants are to be made in one or more tranches to certain eligible employees.
Dates of Action
The approval for the grant was given by the Nomination and Remuneration Committee on November 13, 2026.
Pricing Details
- Exercise price for Options: ₹43.71 per Option (based on the latest available closing market price of the Company's equity shares on the stock exchange having the highest trading volume on the date immediately prior to the date of grant)
- Exercise price for PSUs: Face value of ₹10 per PSU
Vesting and Exercise Terms
- Vesting period: 3 years from the date of grant
- Vesting schedule: 33:33:34%
- Exercise period: 2 years from the date of vesting for each tranche
- Upon vesting, grantees are entitled to acquire an equal number of equity shares upon payment of exercise price and applicable taxes
Share Details
The options cover equivalent number of equity shares of face value of ₹10 each fully paid-up.
Current Status
Options have not yet vested, been exercised, lapsed, or undergone any variations. Money realized by exercise of options and total number of shares arising from exercise are not applicable at this stage. Diluted earnings per share impact is also not applicable at this stage.
Parties Involved
The disclosure was signed by Satishkumar Sakharayapattana Seetharamaiah, Company Secretary & Compliance Officer (Membership No. A16008) of Sagility Limited.