Exicom Tele-Systems Limited has informed the Exchange about grant of Stock Options under Exicom Tele-Systems Limited Employees Stock Option Scheme-2025
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Exicom Tele-Systems has granted 1,477,226 stock options to eligible employees of the company and its subsidiaries under its Employees Stock Option Scheme 2025. The grant was approved by the Nomination, Remuneration and Compensation Committee on July 21, 2025. Each option is convertible into one equity share of face value ₹10 at an exercise price of ₹10 per option. Vesting will happen over a minimum of 1 year and a maximum of 5 years from the date of grant, and grantees have a 6-month window post-vesting to exercise. Shares allotted upon exercise will not be subject to any lock-in. The scheme complies with SEBI's Share Based Employee Benefits Regulations, 2021.
This represents a potential dilution of up to 1,477,226 shares once options are vested and exercised. Since the exercise price of ₹10 is at face value, employees stand to gain if the market price is higher, which could create future selling pressure on the stock as employees cash out.