Grant of Stock Options under Apollo Finvest Employee Stock Option Plan-2022 to the eligible employees.
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Apollo Finvest India Ltd has granted 390 Employee Stock Options (ESOPs) to eligible employees under its Apollo Finvest Employee Stock Option Plan-2022. The grant was approved by the Nomination and Remuneration Committee on June 18, 2025. Each ESOP is convertible into one equity share of face value INR 10. The exercise price is set at INR 10 per option, and the options will vest over a period of 2 years with a minimum 1-year vesting period. Once vested, employees must exercise the options within 1 year. The scheme is compliant with SEBI's Share Based Employee Benefits Regulations, 2021.
The grant of 390 ESOPs represents a very small dilution (390 shares), so the impact on existing shareholders is minimal. However, it signals the company's effort to retain and incentivize employees through equity participation.