SG Finserve Limited has made a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the grant of employee stock options.
Approval Details
The grant was approved by the Nomination and Remuneration Committee of the Board of Directors at its meeting held on Tuesday, July 14, 2026. The effective grant date is July 14, 2026.
Key Terms of Grant
- Total options granted: 55,000
- Underlying shares: 55,000 Equity Shares of face value ₹10 each
- Exercise price: ₹300.00 per Option
- Pricing formula: The exercise price was determined by the Nomination and Remuneration Committee, which shall in no case be lesser than the face value of shares and not higher than the Market Price as defined in the Scheme
- Scheme compliance: The Scheme is in terms of SEBI (SBEB & SE) Regulations, 2021
Vesting and Exercise Terms
The granted Options shall vest from the date of grant according to a vesting schedule approved by the Committee. All vested Options must be exercised in one or more tranches within a period of 1 year from the date of last vesting of the Options. Exercise requires payment of the exercise price and applicable taxes in accordance with the terms and conditions of the Scheme.
Additional Information
The disclosure specifies that items related to money realized by exercise of Options, Options lapsed, variation in terms of Options, and diluted earnings per share impact are not applicable as this communication pertains only to the grant of Options under the Scheme.