Trustedge Capital Limited has made a regulatory disclosure to BSE Limited regarding the grant of employee stock options under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Key Quantitative Figures
- Number of options granted: 8,250
- Each option is convertible into one Equity Share of face value ₹10 each
- Total number of shares covered: 8,250 Equity Shares
- Grant price: Face value of ₹10 per share
Scheme Details
- The scheme is designed to align the interests of employees with the long-term goals of the Company
- Options are granted based on pre-defined performance conditions determined by the Committee
- The scheme complies with SEBI (SBEB) Regulations, 2021
Exercise Terms
- Vested options may be exercised within 5 years from the date of vesting
- Exercise must occur within the exercise window(s) intimated by the Company
- All vested options can be exercised at one time within the exercise period
Capital Structure Impact
If all granted options are vested and exercised, 8,250 new equity shares of ₹10 face value each will be issued.
Additional Information
The disclosure has been uploaded on the company's website at www.trustedgecapital.in.