Sagility clarifies ESOP and PSU Scheme 2026 for postal ballot
SAGILITY · price
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Sagility has provided additional clarification on its proposed ESOP and Performance Stock Units Scheme 2026 ahead of shareholder voting via postal ballot. Key points: at least 70 percent of performance criteria for senior management will be financial metrics such as revenue, margin and return ratios, with up to 30 percent from operational metrics. Exercise period for vested options is up to two years from vesting. Maximum grant per employee is capped at 1 percent as a regulatory ceiling, not intended allocation. Vesting spans 1-3 years with no assured payout. CEO remuneration remains capped at 5 percent of net profits under the Companies Act. The scheme is structured as a pay-at-risk model tied to performance.
Clarification addresses shareholder concerns on ESOP dilution. Performance-linked vesting and grant caps aim to protect shareholder value. Outcome depends on postal ballot.