Affle 3i Limited — Important, 01-01-2025: Updates
01-01-2025 | 06:06 pm
01-01-2025 | 06:06 pm
57,001 stock options have been granted to eligible employees under Affle (India) Limited's Employee Stock Option Scheme – 2021. The options will vest over four years: 25% after 12 months, 25% after 24 months, 25% after 36 months, and the final 25% after 48 months from the grant date. Employees can exercise these options within one year from the date they vest. The exercise price for these options will be based on the average purchase price of shares held by the ESOP Trust from secondary acquisitions. This initiative could enhance employee retention and align their interests with shareholder value, contributing positively to the company’s long-term strategic goals. Investors should consider this move as a potential growth driver for Affle.
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