One 97 Communications Limited — Others, 17-01-2025: ESOP/ESOS/ESPS

The Nomination and Remuneration Committee of One 97 Communications Limited has approved the grant of 2,03,137 stock options to eligible employees under the One 97 Employees Stock Option Scheme 2019 (ESOP 2019). Additionally, the committee acknowledged the cancellation of 17,68,469 stock options. Each option can be exercised at ₹9, with the ability to do so during continuous employment from the date of vesting, presenting an aligned incentive for employees to contribute to the company’s growth.

This move is likely to enhance employee motivation and retention, creating a positive outlook among investors as it reflects strategic investment in human capital. However, potential risks may arise from the dilutive effect of options exercised in the future, which could influence shareholder value.