Go Digit has announced the grant of 2,505,074 stock options to its eligible employees and those of its Holding Company under the ESOP 2018 plan. The grant was approved by the Nomination and Remuneration Committee on December 23, 2025. These options are convertible into equity shares, with details of vesting and exercise periods outlined in the plan.
ESOP Grant Details
Go Digit General Insurance Limited has granted 2,505,074 stock options to eligible employees and those of its Holding Company, excluding Key Managerial Personnel, under the Go Digit Employee Stock Option Plan 2018 (“ESOP 2018”).
Approval Date
The Nomination and Remuneration Committee of the Board of Directors approved this grant on December 23, 2025, by passing a resolution.
Key Features of the Options
Each option is convertible into one equity share, each having a face value of ₹10. The options have been granted at a price above the face value.
Vesting and Exercise
Options granted under ESOP 2018 will vest after one year, but no later than six years from the grant date. The exercise period for vested options is eight years from the vesting date, subject to any amendments to the ESOP plan.
Source: BSE
