Marksans Pharma Limited has informed the Exchange regarding Grant of 300000 Options under Marksans Employee Stock Option Scheme 2024
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Marksans Pharma has granted 3,00,000 stock options to eligible employees under its Employees Stock Option Scheme 2024. The grant date is May 25, 2026. Each option allows employees to acquire one equity share of face value Re. 1/- at an exercise price of Rs. 10 per option. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and was approved by shareholders at AGMs held in September 2024 and August 2025. Options vest after 1 year from grant date, and once vested, can be exercised within 2 years.
The ESOP grant aligns employee interests with shareholders but will cause minor share dilution when exercised. The low exercise price of Rs. 10 indicates significant value transfer to employees.