Syrma SGS Technology Limited announced the grant of 4,21,947 stock options under the Syrma SGS Employee Stock Option Plan 2023. The grant was approved at a Nomination and Remuneration Committee meeting held on December 23, 2025. Each option allows the holder to acquire one equity share of the company, and the vesting schedule is spread over three years.
Stock Option Plan Details
Syrma SGS Technology Limited has granted 4,21,947 stock options to eligible employees, as approved by the Nomination and Remuneration Committee on December 23, 2025. Each option, upon exercise, entitles the holder to one equity share of ₹10.
Vesting Schedule
The vesting of the options is performance-based and structured over three years:
- 30% of the granted options will vest on the 1st anniversary of the grant date.
- An additional 30% will vest on the 2nd anniversary.
- The final 40% of the options will vest on the 3rd anniversary from the grant date.
Exercise Period
The exercise period for these options is limited to a maximum of 3 years from their respective vesting dates.
Source: BSE