IZMO Limited has informed the Exchange regarding 'Grant of 89100 number of stock options to eligible employee of the Company'.
IZMO · price
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IZMO Limited has granted 89,100 stock options to eligible employees under its Employees Stock Options Plan 2013 (ESOP 2013 Scheme). The grant was approved by the Nomination and Remuneration Committee on August 13, 2025, at an exercise price of Rs. 10 per option. Each option is convertible into one equity share of Rs. 10 face value upon vesting, and the exercise period can extend up to 5 years from the date of vesting. The scheme is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. No options have been vested or exercised yet under this grant.
This is a routine ESOP grant that will lead to mild equity dilution if all options are eventually exercised, but it signals employee retention and incentivization. The low exercise price of Rs. 10 is notable but its significance depends on the current market price of the stock.