ZOTA: Zota Health Care Limited has informed the Exchange regarding Grant of 16,394 stock options under Zota Health Care - Employee Stock Option Plan 2022.
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Zota Health Care Limited has granted 16,394 stock options to eligible employees under its Employee Stock Option Plan 2022, approved by the Nomination and Remuneration Committee on February 20, 2026. Each option can be converted into one equity share of face value Rs. 10, with the exercise price set at face value (Rs. 10). The options will vest in three tranches — 75.6% after 1 year, 9.76% after 3 years, and 14.64% after 5 years — with a maximum exercise window of 7 years from vesting. This is the 5th tranche under the plan; cumulatively, 1,27,124 options have been granted so far, of which 4,000 were cancelled, leaving 1,23,124 unexercised options out of the total 2,50,000 options reserved under the scheme.
The grant is relatively small in size and represents a minor potential dilution for shareholders. Setting the exercise price at face value is highly favorable to employees but indicates management is using ESOPs as a retention and motivation tool rather than raising capital. No immediate impact on share price is expected.