Intimation of Approval of ESOP Scheme and Policy of Fynx Capital Limited.
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Fynx Capital Limited's Board of Directors approved the 'Fynx Capital Employee Stock Option Plan 2025' on November 7, 2025. The plan reserves stock options not exceeding 5% of the paid-up equity share capital on a fully diluted basis, with a cap of 4,00,000 options per eligible employee. A Compensation Committee (re-designated Nomination and Remuneration Committee) will administer the plan, with vesting of at least one year and a seven-year exercise window. The scheme is subject to shareholder approval at an upcoming EGM and other regulatory clearances. No options have been granted, vested, or exercised so far.
This is a positive step for employee motivation and talent retention, but existing shareholders face potential dilution of up to 5% once options are granted and exercised. The plan will only take effect after shareholder approval at the ensuing EGM.