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Sonata Software LimitedOthers, 27-12-2024: ESOP/ESOS/ESPS

27-12-2024 | 09:55 pm

Sonata Software Limited's Nomination and Remuneration Committee has approved the grant of 125,000 stock options under the Employee Stock Option Plan 2013 for eligible employees. The options will vest over four years in equal installments and can be exercised as long as employees remain with the company. This move aims to enhance employee retention and motivation, aligning their interests with shareholder value. Investor sentiment may see a positive outlook as this strategy could bolster workforce loyalty and potentially drive future performance.

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