The Company has granted 680,000 stock options (convertible into 680,000 Equity shares of the Company, upon exercise after vesting of options granted) to eligible employees under Employee Stock Option Plan 2005 of the Company ( ESOP 2005 ), on July 1, 2025
NIITLTD · price
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On July 1, 2025, NIIT Limited granted 680,000 stock options to eligible employees under its Employee Stock Option Plan 2005 (ESOP 2005), across four separate grants of 450,000, 105,000, 95,000, and 30,000 options. Each option is convertible into one equity share at an exercise price of Rs. 130.65, which is the closing market price on NSE on June 30, 2025 (the date with the highest trading volume). Vesting schedules vary by grant: the largest tranche vests equally over three years, while smaller tranches vest as a lump sum in the second or third year. Employees have five years from each vesting date to exercise the options.
This is a routine employee retention move with no discount on the exercise price, meaning employees only benefit if the stock rises above Rs. 130.65 in the future. If all options are eventually exercised, it would result in a small dilution of about 680,000 shares for existing shareholders.