3i Infotech Limited — Important, 30-10-2024: General Updates
30-10-2024 · 06:46 pm
3i Infotech Limited has granted 1,334,000 stock options to identified employees under its Stock Option Plan-2023. Each option is priced at ₹10 and has a vesting schedule of 30% in the first two years and 40% in the third year, exercisable within five years from the vesting date. The scheme complies with SEBI regulations and includes provisions for various employment scenarios such as resignation and retirement, with shares issued being equivalent to existing equity shares.
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