Inventurus Knowledge Solutions Limited has announced the grant of 75,000 employee stock options (Options) to eligible employees under the IKS ESOP Plan 2022. This action was approved by the Nomination and Remuneration Committee (NRC) on February 20, 2026. Each Option grants the right to purchase one equity share at an exercise price of Rs. 1,658.40/-, which meets the minimum requirement of being the closing market price on the day preceding the approval date.
Stock Option Grant Details Approved by NRC
Inventurus Knowledge Solutions Limited has officially disclosed the grant of 75,000 employee stock options under the framework of the IKS ESOP Plan 2022. This decision was finalized by the Nomination and Remuneration Committee (NRC) on February 20, 2026, in compliance with applicable equity benefit regulations.
Key Financial Terms of the Grant
The total number of options granted equates to 75,000 equity shares, each with a face value of Re. 1/-. The critical aspect of this issuance is the exercise price:
- The exercise price is set at Rs. 1,658.40/- per Option.
- This price is confirmed to be not less than the Market Price (closing price on the date immediately preceding the NRC approval of the grant).
Vesting and Exercise Conditions
The grant outlines specific conditions for the exercise of these options:
- Vesting: No options have vested as of the date of the grant.
- Exercise Window: Once vested, Stock Options are capable of being exercised anytime during the entire period of continuous active employment from the date of vesting.
- Outcome of Exercise: Each exercised Option will convert into One (1) Equity Share of face value Re.1 each.
Scheme Administration and Corporate Actions
The overall IKS ESOP Plan is being administered entirely through a designated Trust. Furthermore, the terms stipulate that the equity shares allotted upon exercise would not be subject to any lock-in period.
In the event of corporate actions such as rights issues, bonus issues, splits, or mergers, requisite adjustments will be made to the options in a fair and reasonable manner, ensuring consistency with the IKS ESOP Plan provisions.
Source: BSE
