We wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company, at its meeting held on Monday, 04 May 2026, has considered and approved the ....
MPSLTD · price
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The Nomination and Remuneration Committee of MPS Limited has approved the 5th grant of 79,009 stock options to eligible employees under the ESOS 2023 scheme. The options are granted at a market price of INR 1,657.70, determined based on the latest NSE closing price. Vesting will happen equally over 4 years, and employees can exercise their vested options within 5 years from the vesting date. The scheme complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This ESOP grant may cause minor share dilution (79,009 shares) and signals management confidence in the company's growth prospects. No immediate impact on stock price expected.