International Gemological Institute Grants Stock Options Under 2024 Employee Plan
The Nomination and Remuneration Committee of International Gemological Institute Limited approved the grant of stock options to eligible employees under the IGI Employee Stock Option Plan 2024. The decision was made during a meeting held on July 23, 2026.Under the plan, the company granted a total of 629,814 Employee Stock Options (Options). These options are designed for eligible employees under the IGI ESOP Plan 2024. The options grant exercisable into not more than 629,814 equity shares of face value Rs. 2/- each fully paid up.
The company confirmed that all other details concerning the granted options, including the pricing formula determined by the Nomination and Remuneration Committee (NRC), are outlined in the specific plan documents. The terms and conditions of these options were provided to employees via their Grant letters.
Key details regarding the stock option grant under the IGI Employee Stock Option Plan 2024 are presented below:
| Particulars | Details |
|---|---|
| Stock Options Granted | 629,814 |
| Plan Name | IGI Employee Stock Option Plan 2024 |
| Eligibility | Eligible employees of International Gemological Institute Limited |
| Total Shares Covered by Options | Not more than 629,814 equity shares (Face value Rs. 2/- each) |
| Options Vested | Not Applicable |
The options are subject to the terms stipulated in the IGI ESOP Plan 2024 and the corresponding Grant letters issued to employees.
IGIL Stock Price Movement
International Gemological Institute Limited shares today slipped by 0.34% to settle at ₹345.60 in post-market trading. The stock traded within an intraday range of ₹342.65 to ₹352.30, with a total volume reaching 866,202 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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