Sagility clarifies ESOS 2026 performance-based stock options scheme
SAGILITY · price
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Sagility Limited provided additional clarification on its Postal Ballot Notice for the Employee Stock Options and Performance Stock Units Scheme 2026 (ESOS 2026). Key points: maximum vesting period is 3 years from grant date. PSU vesting is linked to pre-defined performance criteria, including consolidated revenue, margin (EBITDA), and other commercial parameters, not tenure alone. The scheme extends to subsidiary employees, with costs borne by respective entities. The company will provide annual disclosures on grants, exercise prices, and vesting outcomes. Shareholders are voting via remote e-voting through MUFG Intime.
Performance-linked vesting aims to protect shareholder interest. Potential dilution from ESOP grants ahead. Monitor postal ballot result.