Poly Medicure Limited has informed the Exchange about Grant Of Stock Options- Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
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Poly Medicure Limited's Nomination and Remuneration Committee has granted 17,500 stock options to employees under the Employees Stock Option Scheme 2020. Each option entitles the holder to acquire one equity share at a discounted price of INR 100. The options will vest after a one-year period from the grant date (May 23, 2026), with vesting spread over a maximum of four years thereafter. Exercise period is limited to three months from the relevant vesting date. The scheme complies with SEBI (SBEB) Regulations, 2021.
This is a routine disclosure regarding employee compensation through equity-based incentives. It has no direct impact on stock price or revenue. Shareholders should note the potential dilution of 17,500 shares (minor) upon full exercise.