Announced Mon, 27 Jul · 17:55 IST

Board approves ESOS 2026 with 6,75,000 stock options for employees

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Icon Facilitators approved the ESOS 2026 employee stock option scheme on July 27, 2026, on the recommendation of the Nomination and Remuneration Committee. The scheme covers 6,75,000 stock options exercisable into equity shares of face value Rs. 10 each, to be granted to eligible employees including directors through fresh allotment. Exercise price will be at market price or a discount, not below face value. Vesting ranges from 1 to 3 years, with a 1-year exercise window post vesting. The scheme is subject to shareholder approval via Postal Ballot.

Likely market impact

Potential equity dilution from 6,75,000 new shares on exercise. ESOP aligns employee interests with shareholders but needs Postal Ballot approval.