Board approves the Employee Stock Options and Performance Stock Units Scheme 2026, subject to the approval of the shareholders.
SAGILITY · price
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The Board of Sagility Limited has approved the ESOS 2026 scheme for granting stock options and performance stock units to eligible directors and employees of the company and its subsidiaries. The total pool consists of approximately 3.09 crore options and 12.36 crore PSUs, covering about 15.46 crore equity shares representing 3.30% of the current paid-up capital. Options will be priced at market price on the grant date, while PSUs will be priced at face value of Rs. 10. The exercise period for vested options/PSUs is a maximum of 2 years from vesting. The scheme requires shareholder approval via postal ballot before implementation.
The approval of this ESOS scheme could lead to modest dilution of about 3.30% for existing shareholders. It signals the company's intent to attract and retain talent through equity-based compensation, which may help align employee interests with shareholder value creation.