One 97 Communications Limited — Board Meeting, 11-03-2025: Outcome of Board Meeting

The Nomination and Remuneration Committee of One 97 Communications Limited has announced a meeting where 109,995 stock options were approved for eligible employees under the ESOP 2019. Additionally, 4,11,931 stock options were noted as lapsed. Each stock option is convertible into one fully paid equity share at an exercise price of ₹9 per option, with no lock-in period for shares allotted upon exercise. This move reflects a proactive approach to employee engagement and retention, potentially boosting long-term performance.