Latent View Analytics has approved the grant of 15,00,000 Employee Stock Options under its ESOP 2016 plan. The Nomination and Remuneration Committee made this decision on August 01, 2026. These options are convertible into equity shares with a face value of INR 1 each, at an exercise price determined by the lower of specific market-based calculations.
Latent View Approves Significant ESOP Grant
On August 01, 2026, Latent View Analytics Limited announced the approval of a substantial grant of Employee Stock Options (ESOPs). The company’s Nomination and Remuneration Committee has sanctioned the issuance of 15,00,000 Employee Stock Options as part of the existing Employee Stock Option Plan 2016 (ESOP 2016).
ESOP Details and Exercise Price
These approved options represent 15,00,000 Equity Shares, with each option convertible into one equity share of a face value of INR 1/-. The exercise price for these options has been set at INR 300 per option. This exercise price is determined as the lower of:
- The closing price of the previous day as on the date of the grant.
- The average closing market price of the last 30 days.
- The average closing market price of the last three months.
The stock exchange used for this calculation is the one with the highest trading volume as of the grant date, identified as the National Stock Exchange of India Limited.
Vesting and Exercise Period
The granted options will have a vesting period of a minimum of 1 (One) year from the date of the grant. All granted options are subject to vesting as per the specific grant conditions. The optionees will be eligible to exercise their options within the period stipulated in the Exercise Notice, in accordance with Clause 14 of the ESOP Scheme – 2016. As this intimation pertains solely to the grant of options, details regarding options exercised or lapsed are not applicable at this stage.
Source: BSE
