XELPMOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Xelpmoc Design and Tech Ltd has announced that its Nomination and Remuneration Committee approved the grant of 1,35,681 stock options to eligible employees under the company's Employee Stock Option Scheme, 2019. The vesting period begins after one year from the grant date and spans four years in equal quarterly tranches of 25% each. The exercise price is set at Rs.10 per option, and employees can exercise their vested options within seven years from the respective vesting date. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This ESOP grant is a routine equity compensation exercise and does not directly impact stock price or revenue. It may help retain and motivate employees, which could indirectly support long-term company performance.