Grant of stock options- Disclosure under Regulation 30 and Regulation 51 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is enclosed
FUSION · price
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Fusion Finance Ltd's Nomination and Remuneration Committee has approved the grant of 150,000 stock options to eligible employees under the Fusion Employee Stock Option Plan 2023 (ESOP 2023). The options were granted at an exercise price of Rs. 203.95 per option, which is based on the closing price on NSE on May 14, 2026. The vesting period for these options is not before 1 year from the grant date, with an exercise period of 8 years from the date of vesting. The company has confirmed that the ESOP scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This ESOP grant is a routine employee compensation exercise and is positive for employee retention and motivation. However, it may lead to dilution of approximately 150,000 shares upon exercise, which could have a marginal impact on existing shareholders' equity.