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One 97 Communications LimitedOthers, 11-03-2025: ESOP/ESOS/ESPS

11-03-2025 | 09:14 am

One 97 Communications Limited's Nomination and Remuneration Committee has approved the grant of 109,995 stock options under the ESOP 2019. This move allows eligible employees to convert these options into equity shares at an exercise price of ₹9 each. The committee also noted that 4,11,931 stock options have lapsed. This initiative may enhance employee retention and motivate performance, potentially leading to improved financial outcomes. Investors might see this as a positive outlook, as it indicates a commitment to incentivizing talent, which could be beneficial for the company's growth trajectory.

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