Quantitative Details
- 3,000 unvested stock options cancelled under Trustedge Employee Stock Option Scheme 2025 (TEDGE ESOS 2025)
- No equity shares allotted or change in issued, subscribed, or paid-up share capital of the Company
Parties Involved
- Trustedge Capital Limited (Company) - Scrip Code: 532056, CIN: L65100GJ1995PLC024300
- Nomination and Remuneration Committee of Trustedge Capital Limited
- BSE Limited (recipient)
- Manoj Shantilal Savla - Chairman & Managing Director (DIN: 01529306)
Reason for Cancellation
The unvested options were cancelled following non-acceptance of grant within stipulated time period by the employee to whom the options were granted, in accordance with the terms of the TEDGE ESOS 2025 scheme.
Treatment of Cancelled Options
The cancelled options shall be added back to the option pool and will be available for future grants in accordance with applicable laws and the terms of the Scheme.
Additional Information
The disclosure is being uploaded on the company's website: www.trustedgecapital.in