Recommendation to the Company''s Shareholders for approval of modification in Employee Stock Option Scheme 2023.
3IINFOLTD · price
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3i Infotech's Board meeting on May 8, 2026 approved modifications to its Employee Stock Option Scheme 2023. The vesting schedule is being extended from 3 years (30%/30%/40%) to 4 years with equal 25% annual vesting. The performance-linked vesting matrix is being revised to include employees with performance rating 3 for 100% vesting (previously 75%), aligning with the company's compensation philosophy. The Board also approved audited FY2026 results showing consolidated revenue of Rs 69,336 lakhs (down from Rs 72,576 lakhs), profit after tax of Rs 3,511 lakhs (up from Rs 2,535 lakhs), and announced a new subsidiary in Thailand while closing its dormant Netherlands subsidiary. Senior management changes include Mr. Anand Savla becoming Business Head of AAA segment.
The ESOS modification extends employee retention incentives and may increase stock-based compensation costs. Revenue declined 4.5% year-on-year but profitability improved. The stock option changes are shareholder-sensitive as they dilute equity and represent a more generous employee reward structure.