Granting employee stock options to the eligible employees as per the Colab Cloud Employee Stock Option Plan, 2024.
Awaiting price reaction for this filing.
On January 7, 2026, the Nomination and Remuneration Committee of Colab Platforms approved the grant of 813 employee stock options under the Colab Cloud Employee Stock Option Plan 2024. Each option is convertible into one equity share with a face value of Re. 1, and the options have been granted at face value in line with SEBI rules. The vesting period is a minimum of 1 year from the grant date, with a further 1 year window to exercise after vesting. As of now, no options are vested, exercised, or lapsed.
The potential dilution from these options is very small (just 813 shares), so the immediate impact on shareholders is negligible. The grant is mainly a routine employee incentive step and should not materially affect the stock price.