Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Approval of Employee Stock Option Plan (ESOP)
Date of Board Meeting / Approval: July 6, 2026
Audit Opinion: Not Specified
Auditor’s Comment: Not Specified
Key Financial Highlights:
Standalone Results: Not Specified
Consolidated Results: Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board of Directors has approved and recommended the Trident Employees Stock Option Plan 2026 (the "Scheme") for approval of the shareholders.
- The scheme covers 25,47,97,783 stock options exercisable into an equal number of equity shares (25,47,97,783 shares of face value Re. 1/- each).
- This represents 5% of the total issued capital of the company as on July 6, 2026.
- The exercise price shall be equal to the closing market price of the shares on the recognized stock exchange on the date immediately preceding the grant date.
- The exercise period shall not exceed 5 years from the relevant date of vesting.
- The scheme applies to eligible employees of Trident Limited, its subsidiary companies, and associate companies.
- The scheme is formulated in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- The vesting period will be decided by the Nomination and Remuneration Committee.
Other Significant Information:
- The scheme requires shareholder approval.
- Details of grant of options, options vested, options exercised, money realized by exercise of options, total number of shares arising from exercise, options lapsed, and diluted EPS are not applicable at this stage.