Forcas Studio Approves Employee Stock Option Plan 2026; Sets Dates for Annual General Meeting
Forcas Studio Limited has approved its 'Forcas Studio Employee Stock Option Plan, 2026' (ESOP Scheme, 2026). The Board of Directors granted approval for the scheme, which is intended for eligible employees. Furthermore, the Board set key dates and logistics for the company’s Annual General Meeting (AGM) scheduled for September 23, 2026.The Employee Stock Option Plan, 2026, was approved by the Board based on recommendations from the Nomination and Remuneration Committee (NRC). The plan grants up to 2,00,000 employee stock options. These options are designed to be exercisable into equity shares of face value Rs 10/- each, fully paid-up, subject to shareholder approval at the ensuing Annual General Meeting.
The ESOP scheme is in compliance with SEBI (SBEB) Regulations, 2021. Under the plan, the Exercise price of the Shares must not be less than the face value of the Share, as determined by the Compensation Committee. The scheme specifies that the exercise period will last not less than 90 days from the date of vesting and shall not exceed a maximum period of three years from the date of respective vesting of options.
In addition to the ESOP approval, the Board meeting confirmed several operational matters related to the upcoming AGM. The Annual General Meeting for the year 2026 will be held on Wednesday, September 23, 2026, at 12:30 p.m. (IST), conducted via Video Conference (VC) or Other Audio Visual Means (OAVM).
The Cut-off date for E-Voting to determine eligible shareholders is set as September 16, 2026. For the purposes of the AGM, the Register of members and Share Transfer Books will be closed from September 17, 2026, to September 23, 2026. M/s M Shahnawaz & Associates, a Practicing Company Secretary, has been appointed as Scrutinizer for the e-voting process during the AGM.
Key details of the Forcas Studio Employee Stock Option Scheme, 2026 include:
| Feature | Details |
|---|---|
| Maximum Options Granted | 2,00,000 (Two Lakhs Only) employee stock options |
| Equity Shares Covered | 2,00,000 equity shares of face value Rs 10/- each |
| Exercise Price Determination | Not less than the face value of the Share as decided by the Compensation Committee |
| Vesting Period Condition | Subject to a minimum vesting period of one (1) year |
The scheme’s details were presented as part of the Board meeting held on July 28, 2026.
FORCAS Stock Price Movement
Shares of Forcas Studio Limited rallied today in post-market trading, climbing 5.00% to settle at ₹190.15. The performance saw the equity reach a new 52-week high, achieving this milestone amidst a trading volume of 32,000 shares.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.
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