Le Travenues Technology Limited has informed the Exchange regarding Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Grant of 211,912 options under employees stock option schemes of the Company
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Le Travenues Technology Limited (operator of travel platform Ixigo) has granted 211,912 stock options to employees under its four ESOS schemes (2013, 2020, 2021, and 2024). The options were approved by the Nomination and Remuneration Committee on July 16, 2025, at an exercise price of Rs. 93 per option. These options will vest over four years in equal annual installments of 25%, with a five-year exercise window from each vesting date. Upon full vesting and exercise, the grant will translate into an equivalent number of equity shares, resulting in mild dilution to existing shareholders over time.
This is a routine employee compensation disclosure with no immediate impact on share price. The eventual dilution from 211,912 shares is small relative to the company's total share base and aligns employee interests with long-term shareholder value creation.