Kaya Limited has informed the Exchange about Esop Grant to eligible employees under Employee Stock Option 2021 scheme V
KAYA · price
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Kaya Limited's Nomination and Remuneration Committee (NRC) has approved the grant of 183,007 stock options to eligible employees under the Employee Stock Option 2021 Scheme - V. The grant was approved at the NRC meeting held on May 27, 2026. Each option is convertible into 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 will not be lower than the face value on the grant date. Options will vest after a minimum of 2 years from the grant date, and employees can exercise them within 1 year from the date of vesting. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This ESOP grant is a routine talent retention initiative. Existing shareholders may face minor dilution (up to 183,007 shares) when options are exercised in the future. The announcement has a neutral to marginally negative impact on stock price in the short term due to potential dilution concerns.