Inventurus Knowledge Solutions Ltd Grants 12,700 Employee Stock Options Under ESOP Plan
Inventurus Knowledge Solutions Ltd announced the approval and grant of employee stock options to eligible employees under its Employee Stock Option Plan 2022 (IKS ESOP Plan). The Nomination and Remuneration Committee (NRC) of the Board of Directors sanctioned the grant of 12,700 employee stock options on April 28, 2026.The IKS ESOP Plan allows the company to issue options to its workforce, with each option convertible into one fully paid-up equity share of the company. The transaction is governed by the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The details of the option grant provide a clear outline of the associated financial and operational parameters:
| Particulars | Details |
|---|---|
| Total Options Granted | 12,700 employee stock options |
| Plan Name | IKS ESOP Plan |
| Convertible Shares | 12,700 equity shares of face value Re. 1 each |
| Exercise Price per Option | Rs. 1,505.20 |
| Reference Market Price | Rs. 1,505.20 (The exercise price is not less than the Market Price, determined by the closing price on the BSE Limited on April 27, 2026) |
| Vested/Exercised/Lapsed Options | Not applicable |
Under the terms of the IKS ESOP Plan, the options are capable of being exercised anytime during the entire period of continuous active employment from the date of vesting of the respective options. The scheme ensures that when an option is exercised, it converts into One (1) Equity Share of face value of Re. 1 each.
Key terms related to the grant specify that the equity shares allotted upon the exercise of the stock options would not be subject to a lock-in period. Furthermore, the IKS ESOP Plan is administered through a Trust and details the procedure for dealing with the stock options in the event of resignation, termination, retirement, or permanent incapacity of the employee.
IKS Stock Price Movement
As of 12:28 PM, Inventurus Knowledge Solutions Limited shares shed ₹4.00, or 0.27%, trading at ₹1500.1. The stock is seeing active trading in the live market, supported by a total volume of 104,569 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.
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.