Date: August 4, 2026
Board Meeting Outcomes
The Board of Directors meeting held on August 4, 2026, approved the following decisions:
- Approved the unaudited Financial Results for the quarter ended June 30, 2026
- Allotted 15,105 equity shares of face value ₹10 each to 5 employees pursuant to the Employee Stock Option Scheme 2016
- Granted 8,980 stock options to 2 employees of the Company
The meeting commenced at 12:30 PM and concluded at 2:00 PM.
ESOP / Share Allotment Details
Share Allotment:
- Number of shares allotted: 15,105
- Face value: ₹10 per share
- Allotted to: 5 employees
- Scheme: Employee Stock Option Scheme 2016
- Share rights: The allotted shares rank pari-passu with existing shares
New Stock Option Grants:
- Number of options granted: 8,980
- Granted to: 2 employees
- Vesting period: Equally over 4 years
- Exercise price: ₹10 per option
- Conversion: Each option convertible into one equity share of ₹10 each
- Exercise conditions: Subject to performance criteria approved by the Board
Financial Results
Unaudited financial results for the quarter ended June 30, 2026, were approved by the Board. The results are accompanied by a limited review report. [Specific financial figures were not provided in the disclosed text].