INTIMATION OF VESTING OF OPTIONS UNDER ELIXIR CAPITAL EMPLOYEE STOCK OPTION SCHEME -2024 ("SCHEME")
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Elixir Capital Ltd has informed BSE that 9,289 Employee Stock Options have vested on 16th May, 2026 under their ESOS 2024 scheme. The original grant was 62,854 options to eligible employees (effective grant date: 16th May, 2025), with 21,759 options having lapsed from the total granted. The scheme covers up to 20 lakh options convertible into equal number of equity shares of Rs. 10 face value each. Vested options can be exercised within 2 years from the vesting date at a price linked to market price. The scheme is administered by the Nomination and Remuneration Committee.
This is a routine corporate governance disclosure with minimal impact on shareholders. The vesting of 9,289 options represents potential dilution, but the number is small relative to total shares outstanding.