One 97 Communications has announced the grant of 5,15,617 stock options to eligible employees under its 2019 Employee Stock Option Scheme. The company also reported the lapse of 2,63,249 stock options. Additionally, 1,00,281 equity shares have been allotted to employees upon exercise of vested options, increasing the company’s issued share capital to 63,98,28,416.
Stock Option Updates
The Nomination and Remuneration Committee of One 97 Communications approved the grant of 5,15,617 stock options to eligible employees, effective January 29, 2026. These options are granted under the One 97 Employee Stock Option Scheme 2019. The committee also acknowledged the lapse of 2,63,249 previously issued stock options.
Equity Share Allotment
One 97 Communications has allotted 1,00,281 equity shares, each with a face value of ₹1, to eligible employees who exercised their vested options under the 2019 Employee Stock Option Scheme. This allotment was finalized on January 29, 2026.
Revised Share Capital
Following the allotment of new shares, the issued, subscribed, and paid-up equity share capital of One 97 Communications has increased to 63,98,28,416 equity shares. This is up from the previous total of 63,97,28,135 equity shares, each with a face value of ₹1.
Details of Stock Options
The company granted 5,15,617 stock options under ESOP 2019. Each stock option converts into one fully paid-up equity share with a face value of ₹1. The exercise price is set at ₹9 per stock option. Options can be exercised at any time during continuous active employment. Lapsed options totaled 2,63,249.
Additional Share Information
The new shares are listed on the National Stock Exchange of India and BSE Limited. Each share has a par value of ₹1. Post-issuance, the total issued share capital now stands at 63,98,28,416 equity shares.
Source: BSE
