Outcome of Nomination and Remuneration Committee Meeting held on Saturday, 02nd May 2026 for granting Options under the Swastika Investmart Limited - Employee Stock Option Scheme 2025.
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The Nomination and Remuneration Committee of Swastika Investmart Ltd has approved the grant of 1,00,500 Employee Stock Options (ESOPs) to eligible employees under the Swastika ESOS 2025 scheme. Each option converts into one equity share with a face value of Rs. 2/-. The exercise price has been fixed at Rs. 52.50 per option. The vesting period is a minimum of 1 year from the grant date of May 2, 2026, and vested options can be exercised within 3 years from the date of vesting. The scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The ESOP grant aligns employee interests with shareholders but results in potential dilution of 1,00,500 shares. Given the relatively small number of options relative to total shares outstanding, the impact on earnings per share should be minimal.