Digicontent Limited has informed the Exchange regarding 'Grant of RSU (Restrictive stock Unit ) '. 4,09,000
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Digicontent Limited's Nomination and Remuneration Committee approved the grant of 4,09,000 Restricted Stock Units (RSUs) to eligible employees on July 25, 2025, under the company's RSU Scheme 2025. Each RSU can be converted into one equity share of Rs 2 face value, with an exercise price of Rs 2 per unit. The RSUs will vest over a period of 1 to 4 years from the grant date, and employees have 7 years from each vesting date to exercise them. There is no lock-in period after allotment, and the scheme complies with SEBI's Share Based Employee Benefits Regulations, 2021.
This is a routine employee stock incentive grant that could lead to mild dilution of existing shareholders once the RSUs are exercised, but the impact is small given the limited number of shares (4,09,000) relative to typical share counts. No immediate effect on share price is expected.