Latent View Analytics Grants 15 Lakh Employee Stock Options Under ESOP 2016
Latent View Analytics Limited has announced the grant of a significant number of stock options to eligible employees under its Employee Stock Option Plan 2016 (ESOP 2016). The decision was approved by the Nomination and Remuneration Committee of the company at a meeting held on August 01, 2026.The committee approved the grant of 15,00,000 Employee Stock Options to employees of Latent View Analytics, as part of the ESOP 2016 plan. These options are tied to the company's performance and employee engagement structure defined by the ESOP scheme.
Details concerning these stock options, including pricing and terms, have been released following the committee’s approval. The options were granted at an exercise price of INR 300 per option.
A summary of the ESOP details is provided below:
| Particulars | Detail |
|---|---|
| Total Stock Options Granted | 15,00,000 Employee Stock Options |
| Stock Covered by Options | 15,00,000 Equity Shares (each convertible into one equity share with a face value of INR 1/-) |
| Exercise Price | INR 300 per option. The price was set as the lower of: 1) closing price of the previous day on the grant date, 2) average closing market price of the last 30 days, or 3) average closing market price of the last three months (based in the National Stock Exchange of India Limited). |
| Vesting Period | A minimum of 1 year from the date of Grant. All options shall vest as per the grant conditions. |
| Options Vested | Not applicable at this time. |
The ESOP 2016 scheme is in accordance with the relevant regulations. The granted options are subject to a vesting period and specific exercise terms outlined in the Exercise Notice, following Clause 14 of the ESOP Scheme - 2016. The company noted that Options exercised or lapsed are not applicable as this announcement pertains solely to the grant of options.
LATENTVIEW Stock Price Movement
On Friday, shares of Latent View Analytics Limited edged higher, gaining 2.11% to settle at ₹316.20. The stock saw significant activity in the session, with a total traded volume reaching 555,324 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.