Board approves ESOS 2026 with 6,75,000 stock options for employees
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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.
Potential equity dilution from 6,75,000 new shares on exercise. ESOP aligns employee interests with shareholders but needs Postal Ballot approval.