Le Travenues Technology Limited has informed the Exchange regarding Outcome of Nomination and Remuneration Committee Meeting held on May 21, 2026.
IXIGO · price
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The Nomination and Remuneration Committee of Le Travenues Technology (IXIGO) approved the grant of 32,708 employee stock options at an exercise price of ₹93 per option. Of these, 25,620 options are under ESOS 2016 and 7,088 under ESOS 2021. The options vest over four years in equal annual instalments of 25% each, and can be exercised within five years from the respective vesting date. The scheme objectives include attracting and retaining talent, aligning employee interests with shareholders, and creating a sense of ownership. No options have been exercised or lapsed yet.
This is a routine employee compensation event with minimal immediate dilution (32,708 shares). It signals management's intent to retain talent and align employee interests with long-term shareholder value, which is generally positive for governance.