Key Quantitative Figures

  • Total ESOPs allotted: 1,62,500
  • Face value per share: ₹56.87
  • Number of employees receiving options: 26
  • Maximum potential equity shares upon exercise: 1,62,500

Dates of Action

  • Committee approval date: October 26, 2026
  • Allotment effective date: October 27, 2026
  • Vesting dates: October 25, 2027; October 25, 2028; October 25, 2029

Parties Involved

  • Issuing Company: WSFx Global Pay Limited (Scrip Code: 511147, ISIN: INE549D01012)
  • Approving authority: Nomination and Remuneration Committee of the Board of Directors
  • Regulatory reference: SEBI (Share Based Employee Benefits) Regulations, 2014
  • Compliance Officer: Khushboo Doshi, Company Secretary and Compliance Officer

Scheme Details

  • Scheme name: Wall Street Finance Limited – Employee Stock Option Scheme 2018
  • Compliance: Formulated and approved by shareholders pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014
  • Pricing: Issued at discounted price (specific discount not quantified)

Vesting Schedule Breakdown

  • 10 employees: 75,000 options - 100% vesting on October 25, 2027
  • 14 employees: 72,500 options - 60% vesting on October 25, 2027; 40% vesting on October 25, 2028
  • 2 employees: 15,000 options - 30% vesting on October 25, 2027; 30% vesting on October 25, 2028; 40% vesting on October 25, 2029

Exercise Terms

  • Exercise period: Not exceeding 3 years from the date of vesting of the options
  • Conversion: Each option can be converted into one equity share of ₹56.87 face value

Financial Impact

  • Maximum potential equity dilution: 1,62,500 shares if all options are exercised
  • Financial impact of discount pricing not quantified in the disclosure
  • Diluted earnings per share impact: Not applicable at time of grant

Additional Information

  • Options lapsed: Not applicable
  • Options exercised: Not applicable
  • Money realized by exercise: Not applicable
  • Variation of terms: Not applicable
  • Subsequent changes or cancellation: Not applicable