Grant of options under ESOP 2022 Scheme/Plan
ECLERX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Nomination and Remuneration Committee of eClerx Services Ltd granted 7,29,230 stock options to employees of the company and its subsidiaries under the ESOP 2022 Scheme. These options represent 0.77% of the existing paid-up share capital. The exercise price has been fixed at Rs. 1,549.21 per option. This is a routine employee stock option grant as part of the company's long-term incentive program. The disclosure was made on May 13, 2026.
This results in minor dilution of 0.77% for existing shareholders. ESOP grants are generally shareholder-friendly as they help attract and retain talent, though the Rs. 1,549.21 exercise price is above current market levels, indicating these options are deep out-of-the-money.