MPS Limited has informed the Exchange of the 5th Grant of Options Pursuant to 'MPS Limited- Employee Stock Options Scheme 2023'
MPSLTD · price
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MPS Limited has announced the 5th grant of 79,009 stock options to eligible employees under the ESOS 2023 scheme. The options have been granted at a market price of INR 1,657.70 per option, determined based on the latest NSE closing price. The vesting schedule is spread equally over 4 years, with a maximum exercise period of 5 years from the date of vesting. This grant complies with SEBI's Share Based Employee Benefits Regulations, 2021. The company has made this disclosure under Regulation 30 of the SEBI Listing Regulations.
The grant represents a minor potential dilution of approximately 0.13-0.15% of total equity (based on typical share capital). Existing shareholders may see slight EPS dilution when options are exercised in future years. This is a routine ESOP activity and aligns with standard market practice for talent retention.