Intimation of grant of options under Mobavenue AI Tech Limited - Employee Stock Option Scheme 2025.
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Mobavenue AI Tech Ltd has announced the grant of 1,21,705 stock options to eligible employees under the MATL ESOP 2025 scheme. The Nomination and Remuneration Committee approved this grant on April 30, 2026 via circular resolution. Each option can be exercised at Rs. 1,088 per option, giving the scheme coverage over 7,50,000 equity shares in total. Options will vest after a minimum period of one year from the grant date, with a maximum vesting period of 4 years. Once vested, employees can exercise the options within one year from the vesting date. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
ESOP grants align employee interests with shareholders and help retain talent. The exercise price of Rs. 1,088 indicates the company's confidence in its valuation. There is potential dilution of 7,50,000 shares upon full exercise, though no options have been exercised yet.