Inventurus Knowledge Solutions Limited announced the approval for the grant of 54,000 employee stock options under the IKS ESOP Plan 2022. The grant was finalized by the Nomination and Remuneration Committee on February 24, 2026. Each option is convertible into one equity share with a face value of Re. 1. The exercise price is set at Rs. 1,540.20/- per option, which meets the required market price criteria.
Employee Stock Option Grant Announcement
Inventurus Knowledge Solutions Limited has formally disclosed the grant of employee stock options as per the IKS ESOP Plan 2022. This action was approved by the Nomination and Remuneration Committee (NRC) on February 24, 2026.
Key Details of the Grant
The following key figures summarize the options granted and their associated terms:
- Total Options Granted: 54,000 employee stock options.
- Conversion Ratio: Each Option converts into one fully paid-up equity share of face value Re. 1/- each.
- Compliance: The scheme is in terms of the prevailing SEBI (SBEB) Regulations, 2021.
Pricing Formula Confirmation
The pricing mechanism adhered strictly to regulatory guidelines. The Options are being granted at an exercise price of Rs. 1,540.20/- per Option. This price was confirmed to be not less than the Market Price, defined as the closing price on the National Stock Exchange of India Limited on the trading day immediately preceding the NRC approval date (February 23, 2026).
Vesting and Exercise Terms
The Stock Options granted have specific conditions regarding their exercise:
- Vesting: Options vested are Not applicable at the time of grant announcement.
- Exercise Window: Granted Stock Options shall be exercisable anytime during the entire period of continuous active employment following the date of vesting.
- Corporate Actions: Requisite adjustments will be made for corporate actions such as rights issues or bonus issues in a fair and reasonable manner, in accordance with the IKS ESOP Plan.
- Lock-in: The resulting equity shares allotted upon exercise would not be subject to lock-in.
The IKS ESOP Plan is being administered through a designated Trust.
Source: BSE
