Grant of Stock Options under the Employees Stock Option Scheme of Moneyboxx Finance Limited. Kindly refer the attachment for details.
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Moneyboxx Finance Ltd, through its Nomination and Remuneration Committee, approved the grant of 1,42,500 stock options to eligible employees on September 9, 2025. Each option is convertible into one equity share of Rs. 10 face value, at an exercise price of Rs. 139 per share (the market price as per SEBI rules). The options will vest over four years in equal instalments of 25% each year, and vested options must be exercised within four years from each vesting date. The grant is made under the company's existing MFL Employee Stock Option Plan 2021, which complies with SEBI's Share Based Employee Benefits Regulations. No shares have been issued yet, as the options remain unexercised.
This is a routine ESOP grant with no immediate dilution since the options are unexercised. The exercise price of Rs. 139 (close to market price) means employees only benefit if the stock rises above this level, keeping alignment with shareholder interests. Marginal dilution risk over the next four years as options vest and are exercised.