Xelpmoc Design And Tech Limited has informed the Exchange regarding Grant of 135681 Options.
XELPMOC · price
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Xelpmoc Design And Tech Limited has announced the grant of 1,35,681 stock options to eligible employees under the company's Employee Stock Option Scheme, 2019. The options cover 1,35,681 equity shares with a face value of Rs.10 each. The vesting period begins after one year from the grant date and spreads over the next four years in equal quarterly installments of 25% each. The exercise price is Rs.10 per option, and employees can exercise these options within seven years from the respective vesting date. The grant complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This ESOP grant aligns employee interests with shareholders by tying compensation to company performance. While it creates potential dilution, the exercise price at face value indicates this is a retention-focused compensation tool rather than an immediate concern for investors.