Sammaan Capital Limited — Important, 21-11-2024: Updates

The Nomination and Remuneration Committee of Sammaan Capital Limited has granted 5,00,00,000 (Five Crore) Stock Options as part of the Employee Stock Benefit Scheme – 2024. Each option corresponds to an equity share with a face value of Rs. 2, at an exercise price of Rs. 151, which exceeds the closing market price on the preceding working day. Vesting will begin after two years, with options to be exercised within five years following vesting.

This initiative is aimed at aligning employee interests with the company’s performance, enhancing governance standards, and creating long-term wealth for employees, in line with global best practices in ESG. This move reflects a commitment to fostering a motivated workforce while potentially improving company performance and outlook.