IKS Health has granted 122,000 employee stock options to eligible employees under its Employee Stock Option Plan 2022 (IKS ESOP Plan). The grant was approved by the Nomination and Remuneration Committee of the Board of Directors on January 30, 2026. Each option is convertible into one fully paid-up equity share with a face value of Re. 1.
ESOP Grant Details
IKS Health announced the grant of 122,000 employee stock options to its employees as part of its Employee Stock Option Plan 2022 (IKS ESOP Plan). The options were officially granted on January 30, 2026, following the approval from the Nomination and Remuneration Committee (NRC).
Key Terms of the Options
The granted options have several key characteristics:
- Each option can be converted into one fully paid-up equity share.
- The face value of each equity share is Re. 1.
- The exercise price is Rs. 1,537.10 per option.
- This price is not less than the market price of January 29, 2026.
- Stock options can be exercised during continuous active employment.
- The IKS ESOP Plan is administered through a Trust.
Additional Information
The Scheme also defines how stock options are managed in cases of death, incapacity, resignation, or retirement. Adjustments will be made for corporate actions such as rights issues or mergers. The equity shares allotted are not subject to lock-in.
Source: BSE
