Digitide Solutions Grants 33.75 Lakh Stock Options to Employees Under ESOS 2026
Digitide Solutions Limited has approved the grant of employee stock options under its Employee Stock Option Scheme 2026 (ESOS 2026). The scheme covers a total of 33,75,059 options and is aimed at eligible employees across the company and its subsidiaries.The grant was authorized by the Nomination and Remuneration Committee of the Board of Directors. These options cover 33,75,059 equity shares with a face value of INR 10/- each.
Key details regarding the ESOS 2026 scheme include the following terms:
| Feature | Detail |
|---|---|
| Total Options Granted | 33,75,059 |
| Exercise Price per Option | INR 10/- |
| Minimum Vesting Period | 1 year from the date of Grant |
| Maximum Vesting Period | 4 years from the date of Grant |
| Time to Exercise | 3 years from the date of each vesting |
The ESOS 2026 options are sourced through both Primary Issuance and Secondary Acquisition routes, managed by the Digitide ESOP Trust. The scheme incorporates provisions detailing how stock options would be handled in various scenarios concerning eligible employees, including resignation, termination, retirement, or permanent incapacity.
Furthermore, the scheme ensures that fair and reasonable adjustments will be made to both the number of Options and the Exercise Price in the event of any corporate action, such as a merger, bonus issue, or rights issue. The company clarified that the equity shares resulting from the exercise of Vested Options will not face any lock-in period from the date of transfer.
DIGITIDE Stock Price Movement
Today, Digitide Solutions Limited saw its shares surge in post-market trading, with the equity finishing at ₹119.5 after climbing 16.90% from previous close. The stock traded within an active intraday range, which spanned from a low of ₹104.3 to a high of ₹122.66.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.