Syrma SGS Technology Limited announced the approval for the transfer of 37,035 equity shares to eligible employees on February 10, 2026. These shares, with a face value of Rs. 10/- each, are being issued from the ‘Syrma SGS Employee Welfare Trust.’ This move is executed pursuant to the vesting of options under the company’s Employee Stock Option Plan (ESOP) Scheme 2023. The transaction was finalized following the sanction from the Nomination and Remuneration Committee (NRC).
Approval for Employee Share Transfer
Syrma SGS Technology Limited has confirmed that its Nomination and Remuneration Committee (NRC) sanctioned the transfer of a significant block of equity shares to its workforce. The date of this approval and subsequent transfer is recorded as February 10, 2026.
Key Figures of the Transaction
The total number of equity shares approved for transfer stands at 37,035 (Thirty-Seven Thousand and Thirty-Five). These shares carry a face value of Rs. 10/- (Rupees Ten only) per share. The shares originate from the designated internal pool, referred to as the ‘Syrma SGS Employee Welfare Trust’.
Scheme Context
This issuance directly follows the exercise of vested options by eligible employees under the company’s Employee Stock Option Plan 2023 (ESOP Scheme 2023). This corporate action is formalized under required disclosure guidelines, and the details will be made publicly available on the Company’s official website.
The disclosure was officially executed by Bhabagrahi Pradhan, Company Secretary & Compliance Officer, representing Syrma SGS Technology Limited.
Source: BSE