Allotment of ESOP to eligible employees
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WSFx Global Pay Limited has informed BSE that its Nomination and Remuneration Committee approved the allotment of 1,02,500 Employee Stock Options (ESOPs) to eligible employees, effective June 01, 2025. The options are granted under the existing Wall Street Finance Limited – Employee Stock Option Scheme 2018 and are issued at a discounted price, with each option convertible into one equity share of Rs. 78.04. The ESOPs will vest in tranches of 30% after one year, 30% after two years, and 40% after three years from the grant date, with an exercise window of up to three years from each vesting date. This is a routine employee incentive grant and no new shares are issued at this stage.
Minor dilution potential for existing shareholders once these 1,02,500 options are exercised; otherwise, a standard employee incentive action with no immediate effect on stock price.