One Mobikwik Systems Limited has informed the Exchange regarding Grant of 327688 Options.
MOBIKWIK · price
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One MobiKwik has granted 3,27,688 stock options to eligible employees under its Employee Stock Option Plan 2014, approved by the Nomination & Remuneration Committee on June 12, 2025. Each option is convertible into one equity share of face value Rs. 2, with the exercise price set at Rs. 2 per share (i.e., at face value). The options will vest over four years in tranches of 20%, 20%, 30%, and 30%, and shares allotted upon exercise will not be subject to any lock-in period. No options have been exercised or lapsed as part of this grant.
This is a routine ESOP grant to retain and motivate employees. Since the exercise price is at face value (Rs. 2), the options carry significant potential value if the stock trades well above this level, but it will lead to mild share dilution upon vesting and exercise over the coming years.