Indegene Limited has informed the Exchange regarding Grant of 508368 Options.
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Indegene Limited has informed the stock exchanges that its Nomination and Remuneration Committee approved the grant of 5,08,368 Restricted Stock Units (RSUs) to eligible employees on December 31, 2025, under the company's RSU 2020 Plan. The RSUs carry an exercise price of Rs. 2 per share, equal to the face value of the equity shares. The vesting schedule is spread equally over four years, with 25% of the grant vesting at the end of each year from the grant date. Employees have a maximum of 75 days from each vesting date to exercise their options. The grant is in compliance with SEBI (SBEB) Regulations, 2021.
This is a routine employee stock-based compensation event and is generally viewed as a positive signal for employee retention and alignment with shareholder interests. Existing shareholders may see mild dilution over the next 4 years as RSUs vest and convert into equity shares.