BSELex Nimble Solutions LtdMediumNeutral
Announced Thu, 14 Aug · 21:03 IST

The Board of Directors of the Company, at its meeting held today, Thursday, August 14, 2025, has, inter alia, considered and approved the following: 1. ESOP implementation through Trust ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Lex Nimble Solutions, at its meeting on August 14, 2025, approved several items. It cleared the ESOS 2025 employee stock option plan covering up to 2,09,500 equity shares, to be implemented through a newly formed Employee Welfare Trust that will buy shares from the secondary market. The Board recommended a Final Dividend of Re.1 per equity share (10% on the face value of Rs.10) for FY 2024-25, with the record date set as September 5, 2025. M/s. Pravesh Palod & Associates was appointed as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30, and Ms. V.S.K. Jyothi was re-appointed as Internal Auditor for FY 2025-26. The 20th Annual General Meeting was scheduled for September 12, 2025, via video conferencing.

Likely market impact

Shareholders are set to receive a modest dividend of Re.1 per share pending AGM approval, while the ESOP scheme could lead to slight future dilution when options are exercised. The dividend and ESOP signals are largely routine governance and employee incentivisation moves with limited immediate impact on the stock price.