Intimation for cancellation and grant of options under Trustedge Employee Stock Option Scheme 2025
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Trustedge Capital Ltd's Nomination and Remuneration Committee has approved two actions under the TEDGE ESOS 2025 scheme. First, 24,967 unvested stock options previously granted to an employee were cancelled following their resignation. Second, the same number of 24,967 stock options were granted to eligible employees at face value of ₹10 per share. Each option is convertible into one equity share of face value ₹10, and options can be exercised within 5 years from the vesting date. The cancelled options will be added back to the option pool for future grants.
This is an internal ESOP administration matter with no direct impact on stock price or shareholder value. The net dilution remains neutral as cancelled options were reissued to new eligible employees.