Authum Investment & Infrastructure Limited has informed the Exchange about Grant of ESOPs
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The Nomination and Remuneration Committee of Authum Investment & Infrastructure Limited has approved the grant of 19,80,000 stock options to eligible employees under the Company's Employee Stock Option Scheme 2025. Each option is exercisable into one equity share of face value Rs. 1 at an exercise price of Rs. 300 per share. The vesting schedule is staggered over 4 years at 25% per year, with the first vesting not earlier than 1 year from the grant date. Employees can exercise their vested options within a maximum period of 5 years from the vesting date. No options have been exercised or lapsed at this stage.
The ESOP grant aligns employee interests with shareholder value but will result in share dilution of up to 19,80,000 equity shares upon full exercise, representing a meaningful impact on the company's equity base.