Pursuant to Regulation 30 read with Part A of Schedule III of Listing Regulations, we wish to inform you that the Board of Directors of Mach Conferences & Events Limited (the 'Company') ....
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The Board of Directors of Mach Conferences & Events Limited, at its meeting on May 23, 2025, approved a new Employee Stock Option Plan titled 'MACH CONFERENCES AND EVENTS LIMITED ESOP 2025', subject to shareholder and other regulatory approvals. The scheme will cover up to 8,76,500 equity shares as the total ESOP pool, which can be granted to employees of the company and its group, subsidiary, or associate companies. The scheme is framed in line with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. Options will vest over 1 to 5 years from the grant date, and vested options must be exercised within 5 years. The exercise price will not be less than the face value of the shares on the grant date.
Once shareholder approval is secured and options are granted and exercised, this could result in dilution of existing shareholders' stake by up to 8,76,500 shares. However, ESOPs generally signal management's intent to retain talent and align employee interests with long-term company growth.