Grant of ESOPs to eligible employees of the Company under the Employee Stock Option 2021 Scheme-V
KAYA · price
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Kaya Ltd's Nomination and Remuneration Committee approved the grant of 1,83,007 stock options to eligible employees on May 27, 2026. Each option converts to 1 equity share with a face value of Rs. 10. The exercise price is determined by the NRC in accordance with the Companies Act, 2013 and SEBI regulations, and cannot be lower than the face value. Options will vest after a minimum period of 2 years from the grant date, and the exercise period is limited to 1 year from the date of vesting. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The ESOP grant aligns employee interests with shareholders but could result in modest share dilution when exercised. No immediate impact on earnings per share as options have not yet vested or been exercised.