ESOP Grant: 7.8 Lakh Stock Options at Rs 10 Each to Employees
SHADOWFAX · price
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The Nomination and Remuneration Committee of Shadowfax Technologies has granted 7,80,424 Employee Stock Options under the SFX ESOP 2016 plan at an exercise price of Rs. 10 per option, effective July 1, 2026. Each option is convertible into one equity share of face value Rs. 10. Options will vest after a minimum 12 months and can be exercised within five years of vesting, based on time and performance criteria. This is a routine employee compensation disclosure under SEBI Listing Regulations.
Routine ESOP grant. Potential future dilution of up to 7.8 lakh shares if all options are exercised. No immediate impact on share price.